PPP Loan information for Luther memorial home, inc

$456,900

Luther memorial home, inc was initially approved for PPP Loan of amount $456,900, the current approved amount is $456,900. The loan was approved on 04/05/2020 by The Pioneer Bank reported 85 jobs and $456,900 was used to fund payroll.

Luther memorial home, inc is New Business or 2 years or less

PPP Loan Search / MN / MADELIA / Luther memorial home, inc

LUTHER MEMORIAL HOME, INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LUTHER MEMORIAL HOME, INC

Borrower Address

503 BENZEL AVE SW

Borrower City

MADELIA

Borrower State

MN

Borrower Zip

56062-1452

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

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

New Business or 2 years or less

Project City

MADELIA

Project County Name

WATONWAN

Project State

MN

Project Zip

56062-1452

CD

MN-01

Jobs Reported

85

NAICS Code

623312

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

456900.00

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

462801.62

Forgiveness Date

07/26/2021

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