PPP Loan information for Lorenz bus service inc.

$1,976,483

Lorenz bus service inc. was initially approved for PPP Loan of amount $1,976,483, the current approved amount is $1,976,483. The loan was approved on 01/20/2021 by The Crown Bank reported 167 jobs and $1,976,483 was used to fund payroll.

Lorenz bus service inc. is Existing or more than 2 years old

PPP Loan Search / MN / Minneapolis / Lorenz bus service inc.

LORENZ BUS SERVICE INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LORENZ BUS SERVICE INC.

Borrower Address

8600 Xylite St NE

Borrower City

Minneapolis

Borrower State

MN

Borrower Zip

55449-5003

Loan Status Date

12/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1976483.00

Current Approval Amount

1976483.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124519

Servicing Lender Name

Crown Bank

Servicing Lender Address

6600 France Ave South, Ste 125

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-1802

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minneapolis

Project County Name

ANOKA

Project State

MN

Project Zip

55449-5003

CD

MN-06

Jobs Reported

167

NAICS Code

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1976479.00

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

Corporation

Originating Lender Location Id

124519

Originating Lender

Crown Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1988396.05

Forgiveness Date

09/07/2021

;