PPP Loan information for Zumbrota ford sales, l.l.c.

$916,498

Zumbrota ford sales, l.l.c. was initially approved for PPP Loan of amount $1,071,583, the current approved amount is $916,498. The loan was approved on 04/10/2020 by The Frandsen Bank & Trust reported 87 jobs and $916,498 was used to fund payroll.

Zumbrota ford sales, l.l.c. is Existing or more than 2 years old

PPP Loan Search / MN / ZUMBROTA / Zumbrota ford sales, l.l.c.

ZUMBROTA FORD SALES, L.L.C.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ZUMBROTA FORD SALES, L.L.C.

Borrower Address

1660 S Main Street

Borrower City

ZUMBROTA

Borrower State

MN

Borrower Zip

55992-1416

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1071582.50

Current Approval Amount

916497.65

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZUMBROTA

Project County Name

GOODHUE

Project State

MN

Project Zip

55992-1416

CD

MN-01

Jobs Reported

87

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

916497.65

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

922556.72

Forgiveness Date

12/15/2020

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