PPP Loan information for Grant pass motor company

$826,500

Grant pass motor company was initially approved for PPP Loan of amount $826,500, the current approved amount is $826,500. The loan was approved on 04/07/2020 by The Alerus Financial, National Association reported 69 jobs and $826,500 was used to fund payroll.

Grant pass motor company is Existing or more than 2 years old

PPP Loan Search / OR / GRANTS PASS / Grant pass motor company

GRANT PASS MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

GRANT PASS MOTOR COMPANY

Borrower Address

375 Redwood Highway

Borrower City

GRANTS PASS

Borrower State

OR

Borrower Zip

97527-5405

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

826500.00

Current Approval Amount

826500.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - 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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANTS PASS

Project County Name

JOSEPHINE

Project State

OR

Project Zip

97527-5405

CD

OR-02

Jobs Reported

69

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

103300.00

Payroll Proceed

619900.00

Mortgage Interest Proceed

103300.00

Rent Proceed

0.00

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

836188.42

Forgiveness Date

06/11/2021

;