Highwater Ethanol, LLC

$712,200 PPP Loan in Lamberton, Minnesota

Loan Details

Loan Number
8343487007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$712,200
Current Approval
$712,200
Forgiveness Amount
$717,581
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Highwater Ethanol, LLC
Address
24500 US Hwy 14
ZIP Code
56152
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (325193)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$42.6M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$569,760
Utilities
$71,220
Mortgage Interest
$71,220

Lender Information

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

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