PPP Loan information for Lorenz bus service, inc.

$1,675,876

Lorenz bus service, inc. was initially approved for PPP Loan of amount $1,675,876, the current approved amount is $1,675,876. The loan was approved on 04/07/2020 by The Tradition Capital Bank reported 243 jobs and $1,675,876 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

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LORENZ BUS SERVICE, INC.

Borrower Address

8600 XYLITE ST

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55449-5003

Loan Status Date

12/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1675876.00

Current Approval Amount

1675876.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

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

243

NAICS Code

485510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

83794.00

Payroll Proceed

1256907.00

Mortgage Interest Proceed

0.00

Rent Proceed

335175.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1579475.74

Forgiveness Date

11/10/2020

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