Mankato Motor Company
$1,341,280 PPP Loan in Mankato, Minnesota
Loan Details
- Loan Number
- 3311467102
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,341,280
- Current Approval
- $1,341,280
- Forgiveness Amount
- $1,355,593
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mankato Motor Company
- Address
- 1815 Madison Avenue
- City
- Mankato
- State
- Minnesota
- ZIP Code
- 56001-5449
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 114
- Estimated Revenue
- $28.7M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $1,052,545
- Rent
- $200,000
- Utilities
- $42,941
- Health Care
- $45,794
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Mankato, MN
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|---|---|---|
| Bolton & Menk, Inc. | $10,000,000 |  Research |
| Mankato Clinic, Ltd | $10,000,000 | Research |
| I & S Group, INC | $5,420,855 | Research |
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| Crystal Valley Cooperative | $3,911,000 | Research |
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