Otto Farms Chopping INC
$27,720 PPP Loan in Lester Prairie, Minnesota
Loan Details
- Loan Number
- 7998207000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $27,720
- Current Approval
- $27,720
- Forgiveness Amount
- $28,010
- Forgiveness Date
- May 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Otto Farms Chopping INC
- Address
- 20243 County Road 9
- City
- Lester Prairie
- State
- Minnesota
- ZIP Code
- 55354
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111191)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $20,790
- Utilities
- $3,465
- Mortgage Interest
- $3,465
Lender Information
- Servicing Lender
- Compeer Financial, Aca
- Originating Lender
- Compeer Financial, Aca
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