Choate & Company
$1,995,000 PPP Loan in Waconia, Minnesota
Loan Details
- Loan Number
- 6261407002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,995,000
- Current Approval
- $1,995,000
- Forgiveness Amount
- $2,016,590
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Choate & Company
- Address
- 1320 Beachcomber Blvd
- City
- Waconia
- State
- Minnesota
- ZIP Code
- 55387-1057
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- $8.5M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $1,496,250
- Health Care
- $498,750
Lender Information
- Servicing Lender
- City National Bank
- Originating Lender
- City National Bank
Other PPP Loans in Waconia, MN
| Business | Approved | |
|---|---|---|
| Strom Aviation, Inc. | $7,593,464 |  Research |
| Lakeview Clinic Ltd | $3,203,384 | Research |
| Laketown Electric Corporation | $1,783,200 | Research |
| Km Supermarkets, Inc. | $1,512,500 | Research |
| Manus Products Minnesota INC | $795,600 | Research |
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