PPP Loan information for White bear autos llc

$977,000

White bear autos llc was initially approved for PPP Loan of amount $977,000, the current approved amount is $977,000. The loan was approved on 03/18/2021 by The Alerus Financial, National Association reported 89 jobs and $977,000 was used to fund payroll.

White bear autos llc is Existing or more than 2 years old

WHITE BEAR AUTOS LLC

Date Approved

03/18/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WHITE BEAR AUTOS LLC

Borrower Address

3400 Highway 61 N

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110-5236

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

977000.00

Current Approval Amount

977000.00

Undisbursed Amount

0.00

Franchise Name

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

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-5236

CD

MN-04

Jobs Reported

89

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

977000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

989076.81

Forgiveness Date

06/14/2022

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