PPP Loan information for Flathead motor company

$98,000

Flathead motor company was initially approved for PPP Loan of amount $98,000, the current approved amount is $98,000. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 10 jobs and $98,000 was used to fund payroll.

Flathead motor company is Existing or more than 2 years old

PPP Loan Search / MT / KALISPELL / Flathead motor company

FLATHEAD MOTOR COMPANY

Date Approved

04/11/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

FLATHEAD MOTOR COMPANY

Borrower Address

1177 E Idaho St

Borrower City

KALISPELL

Borrower State

MT

Borrower Zip

59901-3226

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98000.00

Current Approval Amount

98000.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen 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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALISPELL

Project County Name

FLATHEAD

Project State

MT

Project Zip

59901-3226

CD

MT-01

Jobs Reported

10

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12250.00

Payroll Proceed

73500.00

Mortgage Interest Proceed

0.00

Rent Proceed

12250.00

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

98895.61

Forgiveness Date

03/16/2021

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