Valley Apple Ford INC

$3,199,700 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
3302787102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$3,199,700
Current Approval
$3,199,700
Forgiveness Amount
$3,237,030
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valley Apple Ford INC
Address
7200 150th Street West
ZIP Code
55124-6961
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
262
Estimated Revenue
$66.0M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$2,399,850
Rent
$399,875
Utilities
$399,975

Lender Information

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

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