PPP Loan information for Scottsbluff motor company

$732,600

Scottsbluff motor company was initially approved for PPP Loan of amount $732,600, the current approved amount is $732,600. The loan was approved on 04/07/2020 by The Alerus Financial, National Association reported 77 jobs and $732,600 was used to fund payroll.

Scottsbluff motor company is Existing or more than 2 years old

SCOTTSBLUFF MOTOR COMPANY

Date Approved

04/07/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

SCOTTSBLUFF MOTOR COMPANY

Borrower Address

2014 E. 20th Place

Borrower City

SCOTTSBLUFF

Borrower State

NE

Borrower Zip

69361-2719

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

732600.00

Current Approval Amount

732600.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCOTTSBLUFF

Project County Name

SCOTTS BLUFF

Project State

NE

Project Zip

69361-2719

CD

NE-03

Jobs Reported

77

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61000.00

Payroll Proceed

549600.00

Mortgage Interest Proceed

61000.00

Rent Proceed

61000.00

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

738053.80

Forgiveness Date

01/08/2021

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