Labraaten Bus Company Inc.
$110,200 PPP Loan in Hutchinson, Minnesota
Loan Details
- Loan Number
- 4797018303
- Date Approved
- Jan 23, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $110,200
- Current Approval
- $110,200
- Forgiveness Amount
- $110,952
- Forgiveness Date
- Oct 6, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Labraaten Bus Company Inc.
- Address
- 16506 Highway 15 N
- City
- Hutchinson
- State
- Minnesota
- ZIP Code
- 55350-7502
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (485410)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- $6.9M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $110,198
- Utilities
- $1
Lender Information
- Servicing Lender
- Cortrust Bank National Association
- Originating Lender
- Cortrust Bank National Association
Other PPP Loans in Hutchinson, MN
| Business | Approved | |
|---|---|---|
| Hutchinson Manufacturing Holdings, LLC | $4,586,000 |  Research |
| Heartland Agriculture, LLC | $3,950,000 | Research |
| Goebel Fixture Co. | $2,574,600 | Research |
| Goebel Fixture Co. | $2,000,000 | Research |
| Hutchinson Manufacturing Holdings LLC | $2,000,000 | Research |
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