The Lutheran Home Association

$2,815,900 PPP Loan in Belle Plaine, Minnesota

Loan Details

Loan Number
1307227305
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,815,900
Current Approval
$2,815,900
Forgiveness Amount
$2,871,755
Forgiveness Date
May 2, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
The Lutheran Home Association
Address
337 S Meridian Street
ZIP Code
56011
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Unanswered
Jobs Reported
297
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$2,111,925
Utilities
$281,590
Mortgage Interest
$422,385

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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