White Bear Lincoln Mercury, Inc.

$634,600 PPP Loan in White Bear Lake, Minnesota

Loan Details

Loan Number
1303237202
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$634,600
Current Approval
$634,600
Forgiveness Amount
$639,712
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
White Bear Lincoln Mercury, Inc.
Address
3425 N Hwy 61
ZIP Code
55110-5235
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Lincoln Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$580,084
Utilities
$9,183
Health Care
$45,333

Lender Information

Servicing Lender
American Heritage National Bank
Originating Lender
American Heritage National Bank

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