PPP Loan information for Anoka motor company, llc

$1,085,100

Anoka motor company, llc was initially approved for PPP Loan of amount $1,085,100, the current approved amount is $1,085,100. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 98 jobs and $1,085,100 was used to fund payroll.

Anoka motor company, llc is New Business or 2 years or less

ANOKA MOTOR COMPANY, LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ANOKA MOTOR COMPANY, LLC

Borrower Address

435 W Main St

Borrower City

ANOKA

Borrower State

MN

Borrower Zip

55303-2019

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1085100.00

Current Approval Amount

1085100.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

Y

Business Age Description

New Business or 2 years or less

Project City

ANOKA

Project County Name

ANOKA

Project State

MN

Project Zip

55303-2019

CD

MN-03

Jobs Reported

98

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

271300.00

Payroll Proceed

813800.00

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

1027024.06

Forgiveness Date

05/10/2021

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