Kolar Toyota-Scion LLC

$820,135 PPP Loan in Hermantown, Minnesota

Loan Details

Loan Number
1092537110
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$820,135
Current Approval
$820,135
Forgiveness Amount
$826,247
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kolar Toyota-Scion LLC
Address
4781 Miller Trunk Highway
ZIP Code
55811-3918
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$15.6M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$737,016
Rent
$80,000
Utilities
$3,119

Lender Information

Servicing Lender
National Bank of Commerce
Originating Lender
National Bank of Commerce

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