PPP Loan information for Ostertag cement inc

$570,262

Ostertag cement inc was initially approved for PPP Loan of amount $570,262, the current approved amount is $570,262. The loan was approved on 04/08/2020 by The The First State Bank of Rosemount reported 36 jobs and $570,262 was used to fund payroll.

Ostertag cement inc is Existing or more than 2 years old

OSTERTAG CEMENT INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OSTERTAG CEMENT INC

Borrower Address

14198 Commerce Ave #300

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-1435

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570262.00

Current Approval Amount

570262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38802

Servicing Lender Name

The First State Bank of Rosemount

Servicing Lender Address

3025 145th St West

Servicing Lender City

ROSEMOUNT

Servicing Lender State

MN

Servicing Lender Zip

55068-4944

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-1435

CD

MN-02

Jobs Reported

36

NAICS Code

327310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

570262.00

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

38802

Originating Lender

The First State Bank of Rosemount

Originating Lender City

ROSEMOUNT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

573886.68

Forgiveness Date

12/07/2020

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