Martin Luther College

$2,393,700 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
7111517010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$2,393,700
Current Approval
$2,393,700
Forgiveness Amount
$2,421,427
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Martin Luther College
Address
1995 Luther Ct
ZIP Code
56073-3300
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611310)
Business Age
Existing or more than 2 years old
Jobs Reported
204
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$2,393,700

Lender Information

Servicing Lender
Citizens Bank Minnesota
Originating Lender
Citizens Bank Minnesota

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