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Otto Farms Chopping, Inc.

Company Details

Name: Otto Farms Chopping, Inc.
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 23 Sep 2009 (15 years ago)
Company Number: ad2d0899-94d4-e011-a886-001ec94ffe7f
File Number: 3501886-2
Registered Office Address: 20243 Co Rd 9, Lester Prairie, MN 55354, USA
Principal Executive Office Address: 20243 COUNTY ROAD 9, LESTER PRAIRIE, MN 55354–6310, United States
ZIP code: 55354
County: McLeod County
Place of Formation: Minnesota

Chief Executive Officer

Name Role Address
Greg Otto Chief Executive Officer 20243 COUNTY ROAD 9, LESTER PRAIRIE, MN 55354–6310, USA

Agent

Name Role
Gregory J Otto Agent

Filing

Filing Name Filing date
Original Filing - Business Corporation (Domestic) (Business Name: Otto Farms Chopping, Inc.) 2009-09-23

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9599468409 2021-02-17 0508 PPS 20243 County Road 9, Lester Prairie, MN, 55354-6310
Loan Status Date 2021-11-09
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 28825.4
Loan Approval Amount (current) 28825.4
Undisbursed Amount 0
Franchise Name -
Lender Location ID 317968
Servicing Lender Name Compeer Financial, ACA
Servicing Lender Address 2600 Jenny Wren Trail, Sun Prairie, WI, 53590
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Lester Prairie, MCLEOD, MN, 55354-6310
Project Congressional District MN-07
Number of Employees 22
NAICS code 111191
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 317968
Originating Lender Name Compeer Financial, ACA
Originating Lender Address Sun Prairie, WI
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 29011.96
Forgiveness Paid Date 2021-10-26
7998207000 2020-04-08 0508 PPP 20243 County Road 9, LESTER PRAIRIE, MN, 55354
Loan Status Date 2021-05-13
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 27720.19
Loan Approval Amount (current) 27720.19
Undisbursed Amount 0
Franchise Name -
Lender Location ID 317968
Servicing Lender Name Compeer Financial, ACA
Servicing Lender Address 2600 Jenny Wren Trail, Sun Prairie, WI, 53590
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address LESTER PRAIRIE, MCLEOD, MN, 55354-0001
Project Congressional District MN-07
Number of Employees 19
NAICS code 111191
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 317968
Originating Lender Name Compeer Financial, ACA
Originating Lender Address Sun Prairie, WI
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 28010.48
Forgiveness Paid Date 2021-05-05

Date of last update: 05 Feb 2025

Sources: Minnesota's Official State Website