Kolar Hyundai, LLC

$130,497 PPP Loan in Hermantown, Minnesota

Loan Details

Loan Number
1098817101
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$130,497
Current Approval
$130,497
Forgiveness Amount
$131,423
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kolar Hyundai, LLC
Address
4766 Miller Trunk Highway
ZIP Code
55811-3901
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$124,529
Rent
$5,500
Utilities
$468

Lender Information

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

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