PPP Loan information for Cedar city motor company llc

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

CEDAR CITY MOTOR COMPANY LLC

Borrower Address

1010 North Main Street

Borrower City

CEDAR CITY

Borrower State

UT

Borrower Zip

84721-5134

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691000.00

Current Approval Amount

691000.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR CITY

Project County Name

IRON

Project State

UT

Project Zip

84721-5134

CD

UT-02

Jobs Reported

66

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

86400.00

Payroll Proceed

518300.00

Mortgage Interest Proceed

0.00

Rent Proceed

86300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

699080.86

Forgiveness Date

06/11/2021