PPP Loan information for Morris auto plaza, inc.

$504,500

Morris auto plaza, inc. was initially approved for PPP Loan of amount $504,500, the current approved amount is $504,500. The loan was approved on 04/04/2020 by The Viking Bank National Association reported 31 jobs and $504,500 was used to fund payroll.

Morris auto plaza, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ALEXANDRIA / Morris auto plaza, inc.

MORRIS AUTO PLAZA, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MORRIS AUTO PLAZA, INC.

Borrower Address

5803 STATE HIGHWAY 29 S

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-6029

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

504500.00

Current Approval Amount

504500.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

90221

Servicing Lender Name

Viking Bank National Association

Servicing Lender Address

4277 Dakota St

Servicing Lender City

Alexandria

Servicing Lender State

MN

Servicing Lender Zip

56308

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-6029

CD

MN-07

Jobs Reported

31

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

504500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

90221

Originating Lender

Viking Bank National Association

Originating Lender City

Alexandria

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

508757.15

Forgiveness Date

02/16/2021

;