PPP Loan information for Rhinelander auto group llc

$693,000

Rhinelander auto group llc was initially approved for PPP Loan of amount $693,000, the current approved amount is $693,000. The loan was approved on 04/11/2020 by The Alerus Financial, National Association reported 68 jobs and $693,000 was used to fund payroll.

Rhinelander auto group llc is New Business or 2 years or less

RHINELANDER AUTO GROUP LLC

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

RHINELANDER AUTO GROUP LLC

Borrower Address

1935 Stevens St

Borrower City

RHINELANDER

Borrower State

WI

Borrower Zip

54501-8556

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693000.00

Current Approval Amount

693000.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

RHINELANDER

Project County Name

ONEIDA

Project State

WI

Project Zip

54501-8556

CD

WI-07

Jobs Reported

68

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

86625.00

Payroll Proceed

519750.00

Mortgage Interest Proceed

0.00

Rent Proceed

86625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

701104.25

Forgiveness Date

06/11/2021

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