PPP Loan information for New brighton ford, inc.

$963,100

New brighton ford, inc. was initially approved for PPP Loan of amount $963,100, the current approved amount is $963,100. The loan was approved on 04/04/2020 by The Deerwood Bank reported 69 jobs and $963,100 was used to fund payroll.

New brighton ford, inc. is Existing or more than 2 years old

PPP Loan Search / MN / New Brighton / New brighton ford, inc.

NEW BRIGHTON FORD, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW BRIGHTON FORD, INC.

Borrower Address

1100 Silver Lake Rd.

Borrower City

New Brighton

Borrower State

MN

Borrower Zip

55112

Loan Status Date

04/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

963100.00

Current Approval Amount

963100.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Brighton

Project County Name

RAMSEY

Project State

MN

Project Zip

55112-0001

CD

MN-04

Jobs Reported

69

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

770500.00

Mortgage Interest Proceed

0.00

Rent Proceed

71000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

86600.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

972597.24

Forgiveness Date

03/31/2021

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