PPP Loan information for Ottem insurance agency, llc

$54,830

Ottem insurance agency, llc was initially approved for PPP Loan of amount $54,830, the current approved amount is $54,830. The loan was approved on 04/13/2020 by The RiverWood Bank reported 3 jobs and $54,830 was used to fund payroll.

Ottem insurance agency, llc is Existing or more than 2 years old

PPP Loan Search / MN / BIG LAKE / Ottem insurance agency, llc

OTTEM INSURANCE AGENCY, LLC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OTTEM INSURANCE AGENCY, LLC

Borrower Address

25044 184th St PO BOX 321

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-0321

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54830.00

Current Approval Amount

54830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG LAKE

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-0321

CD

MN-06

Jobs Reported

3

NAICS Code

524114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53850.00

Mortgage Interest Proceed

0.00

Rent Proceed

980.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55265.59

Forgiveness Date

02/02/2021

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