PPP Loan information for Luxury auto mall of sioux falls, inc.

$1,447,400

Luxury auto mall of sioux falls, inc. was initially approved for PPP Loan of amount $1,447,400, the current approved amount is $1,447,400. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 105 jobs and $1,447,400 was used to fund payroll.

Luxury auto mall of sioux falls, inc. is Existing or more than 2 years old

PPP Loan Search / SD / SIOUX FALLS / Luxury auto mall of sioux falls, inc.

LUXURY AUTO MALL OF SIOUX FALLS, INC.

Date Approved

04/11/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LUXURY AUTO MALL OF SIOUX FALLS, INC.

Borrower Address

4410 W 12th St

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57107-0243

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1447400.00

Current Approval Amount

1447400.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) 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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57107-0243

CD

SD-

Jobs Reported

105

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

180925.00

Payroll Proceed

1085550.00

Mortgage Interest Proceed

0.00

Rent Proceed

180925.00

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

1456968.92

Forgiveness Date

12/09/2020

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