PPP Loan information for Otte log homes & construction inc.

$14,865

Otte log homes & construction inc. was initially approved for PPP Loan of amount $14,865, the current approved amount is $14,865. The loan was approved on 03/15/2021 by The Merchants Bank, National Association reported 2 jobs and $14,865 was used to fund payroll.

Otte log homes & construction inc. is Existing or more than 2 years old

OTTE LOG HOMES & CONSTRUCTION INC.

Date Approved

03/15/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OTTE LOG HOMES & CONSTRUCTION INC.

Borrower Address

28989 Gaylord Ave

Borrower City

Cannon Falls

Borrower State

MN

Borrower Zip

55009-9222

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14865.00

Current Approval Amount

14865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cannon Falls

Project County Name

DAKOTA

Project State

MN

Project Zip

55009-9222

CD

MN-02

Jobs Reported

2

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14865.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14909.59

Forgiveness Date

07/06/2021

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