Sag Coon Rapids, LLC

$977,800 PPP Loan in Coon Rapids, Minnesota

Loan Details

Loan Number
2732767309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$977,800
Current Approval
$977,800
Forgiveness Amount
$988,447
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sag Coon Rapids, LLC
Address
1950 Gateway Drive
ZIP Code
55448-4510
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$782,266
Mortgage Interest
$195,534

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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