PPP Loan information for Alexandria motor company
$509,000
Alexandria motor company was initially approved for PPP Loan of amount $509,000, the current approved amount is $509,000. The loan was approved on 04/05/2020 by The Alerus Financial, National Association reported 46 jobs and $509,000 was used to fund payroll.
Alexandria motor company is Existing or more than 2 years old
ALEXANDRIA MOTOR COMPANY
Date Approved
04/05/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ALEXANDRIA MOTOR COMPANY
Borrower Address
3710 South Hwy 29
Borrower City
ALEXANDRIA
Borrower State
MN
Borrower Zip
56308
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
509000.00
Current Approval Amount
509000.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52795
Servicing Lender Name
Alerus Financial, National Association
Servicing Lender Address
401 DeMers Ave
Servicing Lender City
GRAND FORKS
Servicing Lender State
ND
Servicing Lender Zip
58201-4574
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
ALEXANDRIA
Project County Name
DOUGLAS
Project State
MN
Project Zip
56308-0001
CD
MN-07
Jobs Reported
46
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
63600.00
Payroll Proceed
381800.00
Mortgage Interest Proceed
0.00
Rent Proceed
63600.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
52795
Originating Lender
Alerus Financial, National Association
Originating Lender City
GRAND FORKS
Originating Lender State
ND
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
514952.47
Forgiveness Date
06/11/2021