PPP Loan information for Gilleland chevrolet cadillac, inc

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GILLELAND CHEVROLET CADILLAC, INC

Borrower Address

3019 West Division Street

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301-3832

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1329400.00

Current Approval Amount

1329400.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-3832

CD

MN-06

Jobs Reported

119

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

166175.00

Payroll Proceed

997050.00

Mortgage Interest Proceed

0.00

Rent Proceed

166175.00

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

1340589.12

Forgiveness Date

02/16/2021