Peterson Turkey Hatchery, Inc.
$189,000 PPP Loan in Cannon Falls, Minnesota
Loan Details
- Loan Number
- 9992027210
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $189,000
- Current Approval
- $189,000
- Forgiveness Amount
- $190,202
- Forgiveness Date
- Dec 16, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Peterson Turkey Hatchery, Inc.
- Address
- 31659 Willow Trl
- City
- Cannon Falls
- State
- Minnesota
- ZIP Code
- 55009-3006
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112340)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $151,200
- Rent
- $8,000
- Utilities
- $29,800
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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|---|---|---|
| Ag Partners Cooperative | $5,663,100 |  Research |
| Avalon Express, Inc. | $955,200 | Research |
| Cannon Falls Nursing Rehabilitation LLC | $686,363 | Research |
| Sustane Natural Fertilizer, INC | $360,179 | Research |
| Molitor Brothers Farm | $342,371 | Research |
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