PPP Loan information for 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