Anoka Motor Company, LLC

$1,085,100 PPP Loan in Anoka, Minnesota

Loan Details

Loan Number
2538907103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,085,100
Current Approval
$1,085,100
Forgiveness Amount
$1,027,024
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Anoka Motor Company, LLC
Address
435 W Main St
City
Anoka
ZIP Code
55303-2019
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
98
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$813,800
Utilities
$271,300

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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