Muscatell Burns Automotive Group INC
$307,300 PPP Loan in Hawley, Minnesota
Loan Details
- Loan Number
- 2104797110
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $307,300
- Current Approval
- $307,300
- Forgiveness Amount
- $309,588
- Forgiveness Date
- Jan 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Muscatell Burns Automotive Group INC
- Address
- 901 Burns St
- City
- Hawley
- State
- Minnesota
- ZIP Code
- 56549-9998
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $5.0M
- Rural/Urban
- Urban
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $230,500
- Rent
- $25,600
- Utilities
- $25,600
- Mortgage Interest
- $25,600
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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| The Rapat Corporation. | $1,197,500 | AI Deep Dive |
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| Alderon Industries, LLC | $598,000 | AI Deep Dive |
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