# PPP loan: LUHMAN'S CONSTRUCTION CO OF RED WING
> **$154K** approved 02/14/2021 · Paid in Full · Loan `8986858403`
## Borrower
- **Name:** LUHMAN'S CONSTRUCTION CO OF RED WING
- **Address:** 17351 Welch Short Cut, Welch, MN, 55089-6321
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** The First State Bank of Red Wing
- **Servicing:** The First State Bank of Red Wing (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*