PPP Loan information for Sioux city motor company

$919,900

Sioux city motor company was initially approved for PPP Loan of amount $919,900, the current approved amount is $919,900. The loan was approved on 04/10/2020 by The Alerus Financial, National Association reported 90 jobs and $919,900 was used to fund payroll.

Sioux city motor company is Existing or more than 2 years old

PPP Loan Search / IA / SIOUX CITY / Sioux city motor company

SIOUX CITY MOTOR COMPANY

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SIOUX CITY MOTOR COMPANY

Borrower Address

3601 Singing Hills Blvd

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51106-5161

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

919900.00

Current Approval Amount

919900.00

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

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51106-5161

CD

IA-04

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

114988.00

Payroll Proceed

689925.00

Mortgage Interest Proceed

0.00

Rent Proceed

114987.00

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

928817.92

Forgiveness Date

03/31/2021

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