PPP Loan information for Labraaten bus company inc.

$110,313

Labraaten bus company inc. was initially approved for PPP Loan of amount $110,313, the current approved amount is $110,313. The loan was approved on 04/04/2020 by The CorTrust Bank National Association reported 17 jobs and $110,313 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

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LABRAATEN BUS COMPANY INC.

Borrower Address

115 ERIE ST

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-2621

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110312.52

Current Approval Amount

110312.52

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

55350-2621

CD

MN-07

Jobs Reported

17

NAICS Code

485320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11031.25

Payroll Proceed

88250.02

Mortgage Interest Proceed

0.00

Rent Proceed

11031.25

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

111261.51

Forgiveness Date

02/16/2021

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