PPP Loan information for Okoboji motor company

$642,100

Okoboji motor company was initially approved for PPP Loan of amount $642,100, the current approved amount is $642,100. The loan was approved on 04/07/2020 by The Alerus Financial, National Association reported 64 jobs and $642,100 was used to fund payroll.

Okoboji motor company is Existing or more than 2 years old

PPP Loan Search / IA / SPIRIT LAKE / Okoboji motor company

OKOBOJI MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

OKOBOJI MOTOR COMPANY

Borrower Address

2720 17th Street

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360-1081

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

642100.00

Current Approval Amount

642100.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer 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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPIRIT LAKE

Project County Name

DICKINSON

Project State

IA

Project Zip

51360-1081

CD

IA-04

Jobs Reported

64

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80300.00

Mortgage Interest Proceed

481600.00

Rent Proceed

80200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

649626.84

Forgiveness Date

06/11/2021

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