PPP Loan information for Mauer automotive group

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAUER AUTOMOTIVE GROUP

Borrower Address

1111 50th St. E

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55077-1115

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426600.00

Current Approval Amount

426600.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-1115

CD

MN-02

Jobs Reported

42

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6900.00

Payroll Proceed

309000.00

Mortgage Interest Proceed

0.00

Rent Proceed

92000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18700.00

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

428125.70

Forgiveness Date

06/17/2021