PPP Loan information for Otto farms, inc

$15,200

Otto farms, inc was initially approved for PPP Loan of amount $15,200, the current approved amount is $15,200. The loan was approved on 04/15/2020 by The The Wanda State Bank reported 2 jobs and $15,200 was used to fund payroll.

Otto farms, inc is Existing or more than 2 years old

PPP Loan Search / MN / REDWOOD FALLS / Otto farms, inc

OTTO FARMS, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OTTO FARMS, INC

Borrower Address

30288 260TH ST

Borrower City

REDWOOD FALLS

Borrower State

MN

Borrower Zip

56283-2341

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15200.00

Current Approval Amount

15200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38995

Servicing Lender Name

The Wanda State Bank

Servicing Lender Address

121 W Main St

Servicing Lender City

Wanda

Servicing Lender State

MN

Servicing Lender Zip

56294

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REDWOOD FALLS

Project County Name

REDWOOD

Project State

MN

Project Zip

56283-2341

CD

MN-07

Jobs Reported

2

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15200.00

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

Corporation

Originating Lender Location Id

38995

Originating Lender

The Wanda State Bank

Originating Lender City

Wanda

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15319.10

Forgiveness Date

02/04/2021

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