PPP Loan information for Shakopee valley ford, inc.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHAKOPEE VALLEY FORD, INC.

Borrower Address

1624 Weston Court

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-4604

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1361600.00

Current Approval Amount

1361600.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-4604

CD

MN-02

Jobs Reported

102

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

170200.00

Payroll Proceed

1021200.00

Mortgage Interest Proceed

0.00

Rent Proceed

170200.00

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

1374762.13

Forgiveness Date

03/31/2021