Apple Motor Company, Inc.
$515,200 PPP Loan in Northfield, Minnesota
Loan Details
- Loan Number
- 3321207109
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $515,200
- Current Approval
- $515,200
- Forgiveness Amount
- $520,180
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Apple Motor Company, Inc.
- Address
- 1600 Cannon Lane
- City
- Northfield
- State
- Minnesota
- ZIP Code
- 55057-3601
- 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
- 45
- Estimated Revenue
- $11.3M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $386,475
- Rent
- $64,413
- Utilities
- $64,312
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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