Lawrence Transportation Company

$1,755,700 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
5090347008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,755,700
Current Approval
$1,755,700
Forgiveness Amount
$1,769,307
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lawrence Transportation Company
Address
1515 Industrial Dr
ZIP Code
55901-0792
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
133
Estimated Revenue
$26.8M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,598,084
Rent
$123,616
Utilities
$34,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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