Otago, Inc.
$158,700 PPP Loan in Lake City, Minnesota
Loan Details
- Loan Number
- 6570237003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $158,700
- Current Approval
- $158,700
- Forgiveness Amount
- $159,718
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Otago, Inc.
- Address
- 26999 680th Street
- City
- Lake City
- State
- Minnesota
- ZIP Code
- 55041-4955
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Subway
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 56
- Estimated Revenue
- $9.9M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $158,700
Lender Information
- Servicing Lender
- Alliance Bank
- Originating Lender
- Alliance Bank
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| J & B Pallet, LLC | $1,027,700 |  Research |
| Valley Craft Industries Inc. | $913,700 | Research |
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