PPP Loan information for Grand auto mart, inc.

$345,500

Grand auto mart, inc. was initially approved for PPP Loan of amount $345,500, the current approved amount is $345,500. The loan was approved on 04/05/2020 by The Alerus Financial, National Association reported 27 jobs and $345,500 was used to fund payroll.

Grand auto mart, inc. is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Grand auto mart, inc.

GRAND AUTO MART, INC.

Date Approved

04/05/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GRAND AUTO MART, INC.

Borrower Address

2400 Gateway Dr.

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58203-1408

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

345500.00

Current Approval Amount

345500.00

Undisbursed Amount

0.00

Franchise Name

Subaru 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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-1408

CD

ND-

Jobs Reported

27

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43200.00

Payroll Proceed

259100.00

Mortgage Interest Proceed

43200.00

Rent Proceed

0.00

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

348791.85

Forgiveness Date

03/25/2021

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