PPP Loan information for Ressler motor company

$3,390,300

Ressler motor company was initially approved for PPP Loan of amount $3,390,300, the current approved amount is $3,390,300. The loan was approved on 04/07/2020 by The Alerus Financial, National Association reported 287 jobs and $3,390,300 was used to fund payroll.

Ressler motor company is Existing or more than 2 years old

PPP Loan Search / MT / BOZEMAN / Ressler motor company

RESSLER MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

RESSLER MOTOR COMPANY

Borrower Address

8475 Huffine Lane

Borrower City

BOZEMAN

Borrower State

MT

Borrower Zip

59718-9421

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3390300.00

Current Approval Amount

3390300.00

Undisbursed Amount

0.00

Franchise Name

Audi 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

BOZEMAN

Project County Name

GALLATIN

Project State

MT

Project Zip

59718-9421

CD

MT-01

Jobs Reported

287

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

423800.00

Payroll Proceed

2542700.00

Mortgage Interest Proceed

0.00

Rent Proceed

423800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Trust

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

3429947.67

Forgiveness Date

06/11/2021

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