Merit Cheverolet Company

$1,317,015 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
2297617206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,317,015
Current Approval
$1,317,015
Forgiveness Amount
$1,329,572
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Merit Cheverolet Company
Address
2695 Brookview Drive
ZIP Code
55119-4748
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$27.7M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$1,317,015

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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