PPP Loan information for Sioux falls ford, inc.

$2,263,500

Sioux falls ford, inc. was initially approved for PPP Loan of amount $2,263,500, the current approved amount is $2,263,500. The loan was approved on 04/06/2020 by The Alerus Financial, National Association reported 169 jobs and $2,263,500 was used to fund payroll.

Sioux falls ford, inc. is Existing or more than 2 years old

SIOUX FALLS FORD, INC.

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SIOUX FALLS FORD, INC.

Borrower Address

4901 W. 26th Street

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57106-3529

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2263500.00

Current Approval Amount

2263500.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company 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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57106-3529

CD

SD-

Jobs Reported

169

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

282900.00

Payroll Proceed

1697700.00

Mortgage Interest Proceed

0.00

Rent Proceed

282900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

2290096.12

Forgiveness Date

06/11/2021

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