Groetsch Dairy, INC

$41,900 PPP Loan in Albany, Minnesota

Loan Details

Loan Number
8022497009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$41,900
Current Approval
$41,900
Forgiveness Amount
$42,215
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Groetsch Dairy, INC
Address
37499 State Highway 238
City
Albany
ZIP Code
56307-9680
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$33,552
Rent
$3,000
Utilities
$1,000
Mortgage Interest
$4,348

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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