PPP Loan information for Rochester motor car south, inc.

$1,122,400

Rochester motor car south, inc. was initially approved for PPP Loan of amount $1,122,400, the current approved amount is $1,122,400. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 97 jobs and $1,122,400 was used to fund payroll.

Rochester motor car south, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Rochester motor car south, inc.

ROCHESTER MOTOR CAR SOUTH, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ROCHESTER MOTOR CAR SOUTH, INC.

Borrower Address

4365 Canal Place SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-4000

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1122400.00

Current Approval Amount

1122400.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-4000

CD

MN-01

Jobs Reported

97

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

140212.00

Payroll Proceed

841875.00

Mortgage Interest Proceed

0.00

Rent Proceed

140313.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

1135525.84

Forgiveness Date

06/11/2021

;