PPP Loan information for Apple motor company, inc.

$515,200

Apple motor company, inc. was initially approved for PPP Loan of amount $515,200, the current approved amount is $515,200. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 45 jobs and $515,200 was used to fund payroll.

Apple motor company, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NORTHFIELD / Apple motor company, inc.

APPLE MOTOR COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

APPLE MOTOR COMPANY, INC.

Borrower Address

1600 Cannon Lane

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057-3601

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515200.00

Current Approval Amount

515200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-3601

CD

MN-02

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

64312.00

Payroll Proceed

386475.00

Mortgage Interest Proceed

0.00

Rent Proceed

64413.00

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

520180.27

Forgiveness Date

03/31/2021

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