PPP Loan information for Dodge of burnsville, inc.

$1,102,000

Dodge of burnsville, inc. was initially approved for PPP Loan of amount $1,102,000, the current approved amount is $1,102,000. The loan was approved on 04/06/2020 by The Merchants Bank, National Association reported 71 jobs and $1,102,000 was used to fund payroll.

Dodge of burnsville, inc. is New Business or 2 years or less

PPP Loan Search / MN / BURNSVILLE / Dodge of burnsville, inc.

DODGE OF BURNSVILLE, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DODGE OF BURNSVILLE, INC.

Borrower Address

12101 HIGHWAY 35W SOUTH

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-1642

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1102000.00

Current Approval Amount

1102000.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1642

CD

MN-02

Jobs Reported

71

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

17000.00

Payroll Proceed

826510.00

Mortgage Interest Proceed

100000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

158490

Business Type

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1112193.50

Forgiveness Date

03/16/2021

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