PPP Loan information for Lodermeier's inc.

$533,110

Lodermeier's inc. was initially approved for PPP Loan of amount $533,110, the current approved amount is $533,110. The loan was approved on 04/08/2020 by The First Farmers & Merchants Bank reported 45 jobs and $533,110 was used to fund payroll.

Lodermeier's inc. is Existing or more than 2 years old

PPP Loan Search / MN / GOODHUE / Lodermeier's inc.

LODERMEIER'S INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LODERMEIER'S INC.

Borrower Address

38241 COUNTY 6 BLVD

Borrower City

GOODHUE

Borrower State

MN

Borrower Zip

55027-5213

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533110.00

Current Approval Amount

533110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOODHUE

Project County Name

WABASHA

Project State

MN

Project Zip

55027-5213

CD

MN-01

Jobs Reported

45

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

127946.00

Payroll Proceed

405164.00

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

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

536945.43

Forgiveness Date

12/31/2020

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