PPP Loan information for Ludolph bus inc

$116,145

Ludolph bus inc was initially approved for PPP Loan of amount $116,145, the current approved amount is $116,145. The loan was approved on 04/27/2020 by The First Farmers & Merchants National Bank reported 40 jobs and $116,145 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

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LUDOLPH BUS INC

Borrower Address

302 8TH AVE NW

Borrower City

PIPESTONE

Borrower State

MN

Borrower Zip

56164-1316

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116145.00

Current Approval Amount

116145.00

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

56164-1316

CD

MN-07

Jobs Reported

40

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116145.00

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

116738.63

Forgiveness Date

11/05/2020

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