PPP Loan information for White bear autos, llc

$977,000

White bear autos, llc was initially approved for PPP Loan of amount $977,000, the current approved amount is $977,000. The loan was approved on 04/12/2020 by The Alerus Financial, National Association reported 89 jobs and $977,000 was used to fund payroll.

White bear autos, llc is New Business or 2 years or less

WHITE BEAR AUTOS, LLC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WHITE BEAR AUTOS, LLC

Borrower Address

3400 Hwy 61 N

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55110-5236

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

977000.00

Current Approval Amount

977000.00

Undisbursed Amount

0.00

Franchise Name

Mitsubishi Motors 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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAINT PAUL

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-5236

CD

MN-04

Jobs Reported

89

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

122125.00

Payroll Proceed

0.00

Mortgage Interest Proceed

732750.00

Rent Proceed

122125.00

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

988995.39

Forgiveness Date

07/06/2021

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