Lorenz Bus Service, Inc.

$1,675,876 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
6982837002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,675,876
Current Approval
$1,675,876
Forgiveness Amount
$1,685,656
Forgiveness Date
Feb 9, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Lorenz Bus Service, Inc.
Address
8600 Xylite St
ZIP Code
55449-5003
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485510)
Business Age
Existing or more than 2 years old
Jobs Reported
243
Estimated Revenue
$93.4M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,256,907
Rent
$335,175
Utilities
$83,794

Lender Information

Servicing Lender
Tradition Capital Bank
Originating Lender
Tradition Capital Bank

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