Sommer Family Farms LLC
$936,850 PPP Loan in Winthrop, Minnesota
Loan Details
- Loan Number
- 7668707005
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $936,850
- Current Approval
- $936,850
- Forgiveness Amount
- $943,063
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sommer Family Farms LLC
- Address
- 53331 Hwy 19 Easdt
- City
- Winthrop
- State
- Minnesota
- ZIP Code
- 55396
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (311221)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 62
- Estimated Revenue
- $21.9M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $702,638
- Utilities
- $234,213
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Winthrop, MN
| Business | Approved | |
|---|---|---|
| United Farms Cooperative | $3,746,500 |  Research |
| Bartels Truck Line, INC | $510,050 | Research |
| Jackson Electric, Inc. | $218,300 | Research |
| Jackson Electric INC | $206,932 | Research |
| Dettman Enterprises, INC | $71,900 | Research |
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