PPP Loan information for Elko motor company

$680,900

Elko motor company was initially approved for PPP Loan of amount $680,900, the current approved amount is $680,900. The loan was approved on 04/06/2020 by The Alerus Financial, National Association reported 59 jobs and $680,900 was used to fund payroll.

Elko motor company is Existing or more than 2 years old

PPP Loan Search / NV / ELKO / Elko motor company

ELKO MOTOR COMPANY

Date Approved

04/06/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

ELKO MOTOR COMPANY

Borrower Address

1585 Lamoille Highway

Borrower City

ELKO

Borrower State

NV

Borrower Zip

89801-4321

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680900.00

Current Approval Amount

680900.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - 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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELKO

Project County Name

ELKO

Project State

NV

Project Zip

89801-4321

CD

NV-02

Jobs Reported

59

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

85100.00

Payroll Proceed

510700.00

Mortgage Interest Proceed

0.00

Rent Proceed

85100.00

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

686290.46

Forgiveness Date

01/26/2021

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