PPP Loan information for Cokato motor sales, inc.

$154,700

Cokato motor sales, inc. was initially approved for PPP Loan of amount $154,700, the current approved amount is $154,700. The loan was approved on 04/03/2020 by The Perennial Bank reported 17 jobs and $154,700 was used to fund payroll.

Cokato motor sales, inc. is Existing or more than 2 years old

PPP Loan Search / MN / COKATO / Cokato motor sales, inc.

COKATO MOTOR SALES, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COKATO MOTOR SALES, INC.

Borrower Address

14075 US Highway 12 SW

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4236

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154700.00

Current Approval Amount

154700.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

36767

Servicing Lender Name

Perennial Bank

Servicing Lender Address

318 N 1st St

Servicing Lender City

DARWIN

Servicing Lender State

MN

Servicing Lender Zip

55324

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4236

CD

MN-06

Jobs Reported

17

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36767

Originating Lender

Perennial Bank

Originating Lender City

DARWIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

155920.65

Forgiveness Date

01/20/2021

;