Osthoff Condominium Association, INC

$1,830,000 PPP Loan in Elkhart Lake, Wisconsin

Loan Details

Loan Number
8198067002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,830,000
Current Approval
$1,830,000
Forgiveness Amount
$1,845,708
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Osthoff Condominium Association, INC
Address
101 Osthoff Ave Po Box 151
ZIP Code
53020-1976
Business Type
Professional Association
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
425
Estimated Revenue
$132.9M
Rural/Urban
Urban
Congressional District
WI-06

Loan Use Breakdown

Payroll
$1,464,000
Rent
$50,000
Utilities
$126,000
Health Care
$110,000
Debt Interest
$80,000

Lender Information

Servicing Lender
Cleveland State Bank
Originating Lender
Cleveland State Bank

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