PPP Loan information for Lunde lincoln, inc.

$521,600

Lunde lincoln, inc. was initially approved for PPP Loan of amount $521,600, the current approved amount is $521,600. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 44 jobs and $521,600 was used to fund payroll.

Lunde lincoln, inc. is Existing or more than 2 years old

PPP Loan Search / ND / FARGO / Lunde lincoln, inc.

LUNDE LINCOLN, INC.

Date Approved

04/12/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LUNDE LINCOLN, INC.

Borrower Address

140 40th Street South

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-1152

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

521600.00

Current Approval Amount

521600.00

Undisbursed Amount

0.00

Franchise Name

Lincoln 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

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-1152

CD

ND-

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65200.00

Payroll Proceed

391200.00

Mortgage Interest Proceed

0.00

Rent Proceed

65200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

525396.09

Forgiveness Date

01/08/2021

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