PPP Loan information for Inver grove autos, llc

$700,800

Inver grove autos, llc was initially approved for PPP Loan of amount $700,800, the current approved amount is $700,800. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 61 jobs and $700,800 was used to fund payroll.

Inver grove autos, llc is New Business or 2 years or less

PPP Loan Search / MN / INVER GROVE HEIGHTS / Inver grove autos, llc

INVER GROVE AUTOS, LLC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INVER GROVE AUTOS, LLC

Borrower Address

1325 50th St E

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55077-1250

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700800.00

Current Approval Amount

700800.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-1250

CD

MN-02

Jobs Reported

61

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

87600.00

Payroll Proceed

525600.00

Mortgage Interest Proceed

0.00

Rent Proceed

87600.00

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

709404.27

Forgiveness Date

07/06/2021

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