PPP Loan information for Matt saxe chevrolet-buick, inc.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MATT SAXE CHEVROLET-BUICK, INC.

Borrower Address

909 ENTERPRISE DRIVE

Borrower City

BELLE PLAINE

Borrower State

MN

Borrower Zip

56011

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414275.00

Current Approval Amount

414275.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLE PLAINE

Project County Name

SCOTT

Project State

MN

Project Zip

56011-0001

CD

MN-02

Jobs Reported

36

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

41400.00

Payroll Proceed

310710.00

Mortgage Interest Proceed

62165.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

417997.80

Forgiveness Date

03/18/2021