Lodermeier's Inc.

$533,110 PPP Loan in Goodhue, Minnesota

Loan Details

Loan Number
8685787003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$533,110
Current Approval
$533,110
Forgiveness Amount
$536,945
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lodermeier's Inc.
Address
38241 County 6 Blvd
ZIP Code
55027-5213
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$13.8M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$405,164
Utilities
$127,946

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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