PPP Loan information for Grand rapids chevrolet buick gmc cadillac inc

$533,800

Grand rapids chevrolet buick gmc cadillac inc was initially approved for PPP Loan of amount $533,800, the current approved amount is $533,800. The loan was approved on 04/04/2020 by The Park State Bank reported 54 jobs and $533,800 was used to fund payroll.

Grand rapids chevrolet buick gmc cadillac inc is New Business or 2 years or less

PPP Loan Search / MN / GRAND RAPIDS / Grand rapids chevrolet buick gmc cadillac inc

GRAND RAPIDS CHEVROLET BUICK GMC CADILLAC INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRAND RAPIDS CHEVROLET BUICK GMC CADILLAC INC

Borrower Address

1610 S Pokegama Ave

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-4215

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

533800.00

Current Approval Amount

533800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4215

CD

MN-08

Jobs Reported

54

NAICS Code

999990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

427094.00

Mortgage Interest Proceed

56706.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

537951.78

Forgiveness Date

01/20/2021

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