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
- City
- Saint Paul
- State
- Minnesota
- 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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| Business | Approved | |
|---|---|---|
| Pdg, PA | $10,000,000 | |
| Corval Holding Co. | $10,000,000 | |
| Goodwill Industries Inc. | $10,000,000 | |
| Collins Electrical Construction Co. | $8,730,200 | |
| Minnesota Oncology Hematology PA | $7,393,600 |
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