PPP Loan information for Martin luther college

$2,393,700

Martin luther college was initially approved for PPP Loan of amount $2,393,700, the current approved amount is $2,393,700. The loan was approved on 04/07/2020 by The Citizens Bank Minnesota reported 204 jobs and $2,393,700 was used to fund payroll.

Martin luther college is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Martin luther college

MARTIN LUTHER COLLEGE

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARTIN LUTHER COLLEGE

Borrower Address

1995 LUTHER CT

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-3300

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2393700.00

Current Approval Amount

2393700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38679

Servicing Lender Name

Citizens Bank Minnesota

Servicing Lender Address

105 N Minnesota St

Servicing Lender City

NEW ULM

Servicing Lender State

MN

Servicing Lender Zip

56073-1729

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-3300

CD

MN-01

Jobs Reported

204

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2393700.00

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

38679

Originating Lender

Citizens Bank Minnesota

Originating Lender City

NEW ULM

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2421427.02

Forgiveness Date

06/09/2021

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