PPP Loan information for Buick gmc of rochester, inc.

$510,800

Buick gmc of rochester, inc. was initially approved for PPP Loan of amount $510,800, the current approved amount is $510,800. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 43 jobs and $510,800 was used to fund payroll.

Buick gmc of rochester, inc. is New Business or 2 years or less

PPP Loan Search / MN / ROCHESTER / Buick gmc of rochester, inc.

BUICK GMC OF ROCHESTER, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUICK GMC OF ROCHESTER, INC.

Borrower Address

4646 Highway 52 North

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-0151

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510800.00

Current Approval Amount

510800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-0151

CD

MN-01

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7800.00

Payroll Proceed

397200.00

Mortgage Interest Proceed

0.00

Rent Proceed

93800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515737.73

Forgiveness Date

03/31/2021

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