Luther Memorial Home, INC
$456,900 PPP Loan in Madelia, Minnesota
Loan Details
- Loan Number
- 5257657010
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $456,900
- Current Approval
- $456,900
- Forgiveness Amount
- $462,802
- Forgiveness Date
- Jul 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Luther Memorial Home, INC
- Address
- 503 Benzel Ave SW
- City
- Madelia
- State
- Minnesota
- ZIP Code
- 56062-1452
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623312)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 85
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $456,900
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 |  AI Deep Dive |
| Luther Memorial Home | $456,900 | AI Deep Dive |
| Phlag Mechanical INC | $435,200 | AI Deep Dive |
| Pietsch Construction, Inc. | $301,400 | AI Deep Dive |
| Southern Minnesota High Pressure Piping LLC | $253,760 | AI Deep Dive |
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