Rochester Motor Car South, Inc.
$1,122,400 PPP Loan in Rochester, Minnesota
Loan Details
- Loan Number
- 3441447105
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,122,400
- Current Approval
- $1,122,400
- Forgiveness Amount
- $1,135,526
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rochester Motor Car South, Inc.
- Address
- 4365 Canal Place SE
- City
- Rochester
- State
- Minnesota
- ZIP Code
- 55904-4000
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 97
- Estimated Revenue
- $24.4M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $841,875
- Rent
- $140,313
- Utilities
- $140,212
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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