Lorenz Bus Service Inc.
8600 Xylite Street Ne, Minneapolis, MN 55449 · Interurban and Rural Bus Transportation (NAICS 485210)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
2
Total Amount
$7.3M
Jobs Supported
200
Years Active
2012–2016
Loan History (2)
Source: SBA FOIA7(a)$5,000,000
Paid in Full
- Approved
- Jun 21, 2016 (FY2016)
- SBA Guaranteed
- $3,750,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 50
- Business Type
- Corporation
- Industry
- Interurban and Rural Bus Transportation (NAICS 485210)
- Paid in Full
- Dec 31, 2020
Lender
Midcountry Bank
7825 Washington Ave South, Ste, Bloomington, MN 55439
Project Location
Anoka County, MN
7(a)$2,287,000
Paid in Full
- Approved
- Oct 17, 2011 (FY2012)
- SBA Guaranteed
- $1,715,250 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 0
- Jobs Supported
- 150
- Business Type
- Corporation
- Industry
- Charter Bus Industry (NAICS 485510)
- Paid in Full
- Aug 31, 2013
Lender
Old National Bank
One Main St, Evansville, IN 47708
Project Location
Anoka County, MN
Business Details
- Business Type
- Corporation
- NAICS Code
- 485210 — Interurban and Rural Bus Transportation
- Address
- 8600 Xylite Street Ne
Minneapolis, MN 55449
Lenders
- Midcountry Bank
- 7825 Washington Ave South, Ste, Bloomington, MN 55439
- Old National Bank
- One Main St, Evansville, IN 47708