Takala Farms INC

$48,187 PPP Loan in Iron, Minnesota

Loan Details

Loan Number
6470717106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$48,187
Current Approval
$48,187
Forgiveness Amount
$48,670
Forgiveness Date
Apr 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Takala Farms INC
Address
9279 Highway 37
City
Iron
ZIP Code
55751
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$38,550
Rent
$3,212
Utilities
$3,212
Mortgage Interest
$3,212

Lender Information

Servicing Lender
Compeer Financial, Aca
Originating Lender
Compeer Financial, Aca

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