Labraaten Bus Company Inc.
$110,313 PPP Loan in Hutchinson, Minnesota
Loan Details
- Loan Number
- 5055077004
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $110,313
- Current Approval
- $110,313
- Forgiveness Amount
- $111,262
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Labraaten Bus Company Inc.
- Address
- 115 Erie St
- City
- Hutchinson
- State
- Minnesota
- ZIP Code
- 55350-2621
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (485320)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 17
- Estimated Revenue
- $16.5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $88,250
- Rent
- $11,031
- Utilities
- $11,031
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 |  AI Deep Dive |
| Heartland Agriculture, LLC | $3,950,000 | AI Deep Dive |
| Goebel Fixture Co. | $2,574,600 | AI Deep Dive |
| Goebel Fixture Co. | $2,000,000 | AI Deep Dive |
| Hutchinson Manufacturing Holdings LLC | $2,000,000 | AI Deep Dive |
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