PPP Loan information for Ottertail bean company inc.

$25,145

Ottertail bean company inc. was initially approved for PPP Loan of amount $25,145, the current approved amount is $25,145. The loan was approved on 03/17/2021 by The United Community Bank reported 4 jobs and $25,145 was used to fund payroll.

Ottertail bean company inc. is Existing or more than 2 years old

OTTERTAIL BEAN COMPANY INC.

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OTTERTAIL BEAN COMPANY INC.

Borrower Address

45138 CO HWY 80 E

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25145.00

Current Approval Amount

25145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38738

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 W Main St

Servicing Lender City

PERHAM

Servicing Lender State

MN

Servicing Lender Zip

56573-1455

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573

CD

MN-07

Jobs Reported

4

NAICS Code

111130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25145.00

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

38738

Originating Lender

United Community Bank

Originating Lender City

PERHAM

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25284.85

Forgiveness Date

10/12/2021

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