PPP Loan information for Luther memorial home

$456,900

Luther memorial home was initially approved for PPP Loan of amount $456,900, the current approved amount is $456,900. The loan was approved on 01/21/2021 by The Pioneer Bank reported 76 jobs and $456,900 was used to fund payroll.

Luther memorial home is Existing or more than 2 years old

PPP Loan Search / MN / Madelia / Luther memorial home

LUTHER MEMORIAL HOME

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LUTHER MEMORIAL HOME

Borrower Address

503 Benzel Ave SW

Borrower City

Madelia

Borrower State

MN

Borrower Zip

56062-1603

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

456900.00

Current Approval Amount

456900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madelia

Project County Name

WATONWAN

Project State

MN

Project Zip

56062-1603

CD

MN-01

Jobs Reported

76

NAICS Code

623110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

456894.00

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

Non-Profit Organization

Originating Lender Location Id

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

461570.53

Forgiveness Date

02/02/2022

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