PPP Loan information for Ludolph brothers inc.

$86,000

Ludolph brothers inc. was initially approved for PPP Loan of amount $86,000, the current approved amount is $86,000. The loan was approved on 04/27/2020 by The Minnwest Bank reported 20 jobs and $86,000 was used to fund payroll.

Ludolph brothers inc. is Existing or more than 2 years old

LUDOLPH BROTHERS INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LUDOLPH BROTHERS INC.

Borrower Address

2643 oak ave

Borrower City

SLAYTON

Borrower State

MN

Borrower Zip

56172-1331

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86000.00

Current Approval Amount

86000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

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

20

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86000.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76418.52

Forgiveness Date

11/17/2020

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