PPP Loan information for Gallatin motor company, llc

$542,400

Gallatin motor company, llc was initially approved for PPP Loan of amount $542,400, the current approved amount is $542,400. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 41 jobs and $542,400 was used to fund payroll.

Gallatin motor company, llc is Existing or more than 2 years old

PPP Loan Search / MT / BOZEMAN / Gallatin motor company, llc

GALLATIN MOTOR COMPANY, LLC

Date Approved

04/11/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

GALLATIN MOTOR COMPANY, LLC

Borrower Address

31910 Frontage Road

Borrower City

BOZEMAN

Borrower State

MT

Borrower Zip

59715-8642

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

542400.00

Current Approval Amount

542400.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer 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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOZEMAN

Project County Name

GALLATIN

Project State

MT

Project Zip

59715-8642

CD

MT-01

Jobs Reported

41

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

67800.00

Payroll Proceed

406800.00

Mortgage Interest Proceed

0.00

Rent Proceed

67800.00

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

547628.13

Forgiveness Date

03/31/2021

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