Ottertail Aggregate, INC

$230,600 PPP Loan in Ottertail, Minnesota

Loan Details

Loan Number
8756197208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$230,600
Current Approval
$230,600
Forgiveness Amount
$232,201
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ottertail Aggregate, INC
Address
100 Maple Ave N
ZIP Code
56571-7183
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$223,100
Utilities
$4,500
Debt Interest
$3,000

Lender Information

Servicing Lender
The First National Bank of Henning
Originating Lender
The First National Bank of Henning

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