Floto Farms INC

$25,600 PPP Loan in Mount Morris, Illinois

Loan Details

Loan Number
8859627209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$25,600
Current Approval
$25,600
Forgiveness Amount
$25,923
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Floto Farms INC
Address
4671 N Orchard Rd
ZIP Code
61054-9602
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112112)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-16

Loan Use Breakdown

Payroll
$19,200
Utilities
$3,200
Mortgage Interest
$3,200

Lender Information

Servicing Lender
German-American State Bank
Originating Lender
German-American State Bank

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