PPP Loan information for Schwieters chevrolet of willmar, inc

$536,000

Schwieters chevrolet of willmar, inc was initially approved for PPP Loan of amount $536,000, the current approved amount is $536,000. The loan was approved on 04/13/2020 by The Bremer Bank, National Association reported 64 jobs and $536,000 was used to fund payroll.

Schwieters chevrolet of willmar, inc is Existing or more than 2 years old

SCHWIETERS CHEVROLET OF WILLMAR, INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHWIETERS CHEVROLET OF WILLMAR, INC

Borrower Address

1401 Lakeland Drive SE

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-2122

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

536000.00

Current Approval Amount

536000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-2122

CD

MN-07

Jobs Reported

64

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

536000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

539450.96

Forgiveness Date

12/09/2020

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