PPP Loan information for Ludolph bus inc

$92,737

Ludolph bus inc was initially approved for PPP Loan of amount $92,737, the current approved amount is $92,737. The loan was approved on 01/16/2021 by The First Farmers & Merchants National Bank reported 28 jobs and $92,737 was used to fund payroll.

Ludolph bus inc is Existing or more than 2 years old

PPP Loan Search / MN / Pipestone / Ludolph bus inc

LUDOLPH BUS INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LUDOLPH BUS INC

Borrower Address

810 4th St NW

Borrower City

Pipestone

Borrower State

MN

Borrower Zip

56164-1308

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92737.00

Current Approval Amount

92737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38337

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

303 E Main St

Servicing Lender City

LUVERNE

Servicing Lender State

MN

Servicing Lender Zip

56156-1901

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pipestone

Project County Name

PIPESTONE

Project State

MN

Project Zip

56164-1308

CD

MN-07

Jobs Reported

28

NAICS Code

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

92732.00

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

38337

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

LUVERNE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93208.41

Forgiveness Date

07/30/2021

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