PPP Loan information for Kalispell motor company

$1,089,500

Kalispell motor company was initially approved for PPP Loan of amount $1,089,500, the current approved amount is $1,089,500. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 96 jobs and $1,089,500 was used to fund payroll.

Kalispell motor company is Existing or more than 2 years old

KALISPELL MOTOR COMPANY

Date Approved

04/12/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

KALISPELL MOTOR COMPANY

Borrower Address

2845 US Highway 93 S

Borrower City

KALISPELL

Borrower State

MT

Borrower Zip

59901-8601

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1089500.00

Current Approval Amount

1089500.00

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

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

59901-8601

CD

MT-01

Jobs Reported

96

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

136188.00

Payroll Proceed

817125.00

Mortgage Interest Proceed

0.00

Rent Proceed

136187.00

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

1098639.69

Forgiveness Date

02/16/2021

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