PPP Loan information for Lundeen brothers ford of annandale, inc.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LUNDEEN BROTHERS FORD OF ANNANDALE, INC.

Borrower Address

870 ELM STREET E PO BOX 130

Borrower City

ANNANDALE

Borrower State

MN

Borrower Zip

55302

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282200.00

Current Approval Amount

282200.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ANNANDALE

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-0001

CD

MN-06

Jobs Reported

21

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17637.50

Payroll Proceed

211650.00

Mortgage Interest Proceed

17637.50

Rent Proceed

17637.50

Refinance EIDL Proceed

0.00

Health Care Proceed

17637.50

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

286135.12

Forgiveness Date

09/09/2021