PPP Loan information for White bear lincoln mercury, inc.

$634,600

White bear lincoln mercury, inc. was initially approved for PPP Loan of amount $634,600, the current approved amount is $634,600. The loan was approved on 04/15/2020 by The American Heritage National Bank reported 43 jobs and $634,600 was used to fund payroll.

White bear lincoln mercury, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WHITE BEAR LAKE / White bear lincoln mercury, inc.

WHITE BEAR LINCOLN MERCURY, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WHITE BEAR LINCOLN MERCURY, INC.

Borrower Address

3425 N Hwy 61

Borrower City

WHITE BEAR LAKE

Borrower State

MN

Borrower Zip

55110-5235

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634600.00

Current Approval Amount

634600.00

Undisbursed Amount

0.00

Franchise Name

Lincoln Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

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

55110-5235

CD

MN-04

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9183.00

Payroll Proceed

580084.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45333.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

639712.06

Forgiveness Date

02/09/2021

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