Otto Farm Operations

$31,302 PPP Loan in Lester Prairie, Minnesota

Loan Details

Loan Number
8159437003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$31,302
Current Approval
$31,302
Forgiveness Amount
$31,631
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Otto Farm Operations
Address
20243 County Road 9
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
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$23,477
Utilities
$3,913
Mortgage Interest
$3,913

Lender Information

Servicing Lender
Compeer Financial, Aca
Originating Lender
Compeer Financial, Aca

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