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
- City
- Minneapolis
- State
- Minnesota
- 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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| Adams Communications Company, LLC | $10,000,000 | |
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