PPP Loan information for Labraaten bus company inc.

$110,200

Labraaten bus company inc. was initially approved for PPP Loan of amount $110,200, the current approved amount is $110,200. The loan was approved on 01/23/2021 by The CorTrust Bank National Association reported 18 jobs and $110,200 was used to fund payroll.

Labraaten bus company inc. is Existing or more than 2 years old

PPP Loan Search / MN / Hutchinson / Labraaten bus company inc.

LABRAATEN BUS COMPANY INC.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LABRAATEN BUS COMPANY INC.

Borrower Address

16506 Highway 15 N

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-7502

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110200.00

Current Approval Amount

110200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-7502

CD

MN-07

Jobs Reported

18

NAICS Code

485410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

110198.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110951.78

Forgiveness Date

10/06/2021

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