Eau Claire Motor Company

$806,600 PPP Loan in Eau Claire, Wisconsin

Loan Details

Loan Number
3357017102
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$806,600
Current Approval
$806,600
Forgiveness Amount
$812,560
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Eau Claire Motor Company
Address
2909 Lorch Ave
ZIP Code
54701-7726
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
66
Estimated Revenue
$16.6M
Rural/Urban
Urban
Congressional District
WI-03

Loan Use Breakdown

Payroll
$605,025
Rent
$100,838
Utilities
$100,737

Lender Information

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

Other PPP Loans in Eau Claire, WI

BusinessApproved
Market & Johnson Inc.$9,032,400NewBizBotAI Deep Dive
Northland Restaurant Group LLC$6,065,300NewBizBotAI Deep Dive
Ayres Associates INC$5,663,300NewBizBotAI Deep Dive
Summit Dental Management S.c.$4,655,300NewBizBotAI Deep Dive
B&b Electric INC$3,198,200NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free