Bakke Family Farms

$36,700 PPP Loan in Ulen, Minnesota

Loan Details

Loan Number
6801957005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$36,700
Current Approval
$36,700
Forgiveness Amount
$37,142
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bakke Family Farms
Address
33377 County Road 157
City
Ulen
ZIP Code
56585-9533
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111110)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$27,158
Rent
$5,505
Utilities
$367
Mortgage Interest
$3,670

Lender Information

Servicing Lender
Northwestern Bank, National Association
Originating Lender
Northwestern Bank, National Association

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