Luther Memorial Home
$456,900 PPP Loan in Madelia, Minnesota
Loan Details
- Loan Number
- 2569378305
- Date Approved
- Jan 21, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $456,900
- Current Approval
- $456,900
- Forgiveness Amount
- $461,571
- Forgiveness Date
- Feb 2, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Luther Memorial Home
- Address
- 503 Benzel Ave SW
- City
- Madelia
- State
- Minnesota
- ZIP Code
- 56062-1603
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 76
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $456,894
- Utilities
- $1
Lender Information
- Servicing Lender
- Pioneer Bank
- Originating Lender
- Pioneer Bank
Other PPP Loans in Madelia, MN
| Business | Approved | |
|---|---|---|
| Madelia Community Hospital Incorporated | $1,445,100 | |
| Luther Memorial Home, INC | $456,900 | |
| Phlag Mechanical INC | $435,200 | |
| Pietsch Construction, Inc. | $301,400 | |
| Southern Minnesota High Pressure Piping LLC | $253,760 |
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