# PPP loan: OSTERTAG CEMENT INC
> **$570K** approved 04/08/2020 · Paid in Full · Loan `7787517010`
## Borrower
- **Name:** OSTERTAG CEMENT INC
- **Address:** 14198 Commerce Ave #300, PRIOR LAKE, MN, 55372-1435
- **NAICS:** 327310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $574K (101%)
- **Forgiveness date:** 12/07/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $570K
- **Jobs reported:** 36
## Lender
- **Originating:** The First State Bank of Rosemount
- **Servicing:** The First State Bank of Rosemount (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*