The Prophet Corporation

$2,000,000 PPP Loan in Owatonna, Minnesota

Loan Details

Loan Number
9992038307
Date Approved
Jan 31, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,020,722
Forgiveness Date
Feb 25, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Prophet Corporation
Address
2525 Lemond St
ZIP Code
55060-5081
Business Type
Corporation
Industry (NAICS)
Manufacturing (339920)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$39.4M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Home Federal Savings Bank
Originating Lender
Home Federal Savings Bank

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