Dave Syverson, Inc.

$1,457,014 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
2761137100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,457,014
Current Approval
$1,457,014
Forgiveness Amount
$1,470,746
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dave Syverson, Inc.
Address
2310 E Main St
ZIP Code
56007-3923
Business Type
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
111
Estimated Revenue
$28.0M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,332,014
Utilities
$5,000
Mortgage Interest
$20,000
Debt Interest
$100,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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