PPP Loan information for Lunde automotive, inc.

$1,188,400

Lunde automotive, inc. was initially approved for PPP Loan of amount $1,188,400, the current approved amount is $1,188,400. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 103 jobs and $1,188,400 was used to fund payroll.

Lunde automotive, inc. is Existing or more than 2 years old

PPP Loan Search / AZ / PEORIA / Lunde automotive, inc.

LUNDE AUTOMOTIVE, INC.

Date Approved

04/12/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

LUNDE AUTOMOTIVE, INC.

Borrower Address

8801 W Bell Road

Borrower City

PEORIA

Borrower State

AZ

Borrower Zip

85382-3711

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1188400.00

Current Approval Amount

1188400.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer 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

N

Business Age Description

Existing or more than 2 years old

Project City

PEORIA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85382-3711

CD

AZ-08

Jobs Reported

103

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

148550.00

Payroll Proceed

891300.00

Mortgage Interest Proceed

0.00

Rent Proceed

148550.00

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

1197742.14

Forgiveness Date

01/26/2021

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