PPP Loan information for Ludolph brothers inc

$87,647

Ludolph brothers inc was initially approved for PPP Loan of amount $87,647, the current approved amount is $87,647. The loan was approved on 02/20/2021 by The First National Bank reported 26 jobs and $87,647 was used to fund payroll.

Ludolph brothers inc is Existing or more than 2 years old

LUDOLPH BROTHERS INC

Date Approved

02/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LUDOLPH BROTHERS INC

Borrower Address

2643 Oak Ave

Borrower City

Slayton

Borrower State

MN

Borrower Zip

56172-1331

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87647.00

Current Approval Amount

87647.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Slayton

Project County Name

MURRAY

Project State

MN

Project Zip

56172-1331

CD

MN-07

Jobs Reported

26

NAICS Code

485210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87644.00

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

Corporation

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88099.84

Forgiveness Date

08/30/2021

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