PPP Loan information for Fort dodge ford lincoln inc

Date Approved

04/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FORT DODGE FORD LINCOLN INC

Borrower Address

2723 5th Ave S

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-5556

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

775000.00

Current Approval Amount

775000.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-5556

CD

IA-04

Jobs Reported

77

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

96875.00

Payroll Proceed

581250.00

Mortgage Interest Proceed

0.00

Rent Proceed

96875.00

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

782470.14

Forgiveness Date

03/31/2021