PPP Loan information for Eau claire motor company

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

EAU CLAIRE MOTOR COMPANY

Borrower Address

2909 Lorch Ave

Borrower City

EAU CLAIRE

Borrower State

WI

Borrower Zip

54701-7726

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

806600.00

Current Approval Amount

806600.00

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

EAU CLAIRE

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54701-7726

CD

WI-03

Jobs Reported

66

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100737.00

Payroll Proceed

605025.00

Mortgage Interest Proceed

0.00

Rent Proceed

100838.00

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

812559.88

Forgiveness Date

01/08/2021