Date Approved
04/05/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GATR OF ELK RIVER, INC.
Borrower Address
10743 168th Cir NW
Borrower City
ELK RIVER
Borrower State
MN
Borrower Zip
55330-3200
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
621382.00
Current Approval Amount
665970.00
Undisbursed Amount
0.00
Franchise Name
Volvo Cars USA, LLC - Retailer Agreement
Servicing Lender Location Id
25587
Servicing Lender Name
West Bank
Servicing Lender Address
1601 22nd St
Servicing Lender City
WEST DES MOINES
Servicing Lender State
IA
Servicing Lender Zip
50266-1408
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
54
NAICS Code
423110
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
671607.94
Forgiveness Date
02/19/2021