Tofte, LLC
$41,140 PPP Loan in Madison, Minnesota
Loan Details
- Loan Number
- 7383407005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $41,140
- Current Approval
- $41,140
- Forgiveness Amount
- $41,375
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tofte, LLC
- Address
- 225 1st St E
- City
- Madison
- State
- Minnesota
- ZIP Code
- 56256-1506
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Other Services (except Public Administration) (811121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 5
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $37,026
- Utilities
- $4,114
Lender Information
- Servicing Lender
- Farmers and Merchants State Bank of Appleton
- Originating Lender
- Farmers and Merchants State Bank of Appleton
Other PPP Loans in Madison, MN
| Business | Approved | |
|---|---|---|
| Madison Healthcare Services | $1,550,500 | |
| Madison Bottling Company | $222,800 | |
| Lund Implement Co. | $174,800 | |
| Northern Plains Tiling Company LLC | $139,921 | |
| Fieldcrest Fertilizer Co. | $106,000 |
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