PPP Loan information for Valley apple ford inc
$3,199,700
Valley apple ford inc was initially approved for PPP Loan of amount $3,199,700, the current approved amount is $3,199,700. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 262 jobs and $3,199,700 was used to fund payroll.
Valley apple ford inc is Existing or more than 2 years old
VALLEY APPLE FORD INC
Date Approved
04/11/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
VALLEY APPLE FORD INC
Borrower Address
7200 150th Street West
Borrower City
SAINT PAUL
Borrower State
MN
Borrower Zip
55124-6961
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
3199700.00
Current Approval Amount
3199700.00
Undisbursed Amount
0.00
Franchise Name
Ford Motor Company 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
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
SAINT PAUL
Project County Name
DAKOTA
Project State
MN
Project Zip
55124-6961
CD
MN-02
Jobs Reported
262
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
399975.00
Payroll Proceed
2399850.00
Mortgage Interest Proceed
0.00
Rent Proceed
399875.00
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
3237029.83
Forgiveness Date
06/11/2021