Rydell Motor Company
$1,553,900 PPP Loan in Waterloo, Iowa
Loan Details
- Loan Number
- 3490387107
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,553,900
- Current Approval
- $1,553,900
- Forgiveness Amount
- $1,568,878
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rydell Motor Company
- Address
- 1325 E San Marnan Drive
- City
- Waterloo
- State
- Iowa
- ZIP Code
- 50702-4334
- Business Type
- Limited Liability Company(llc)
- 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
- 138
- Estimated Revenue
- $34.8M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,165,500
- Rent
- $194,250
- Utilities
- $194,150
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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|---|---|---|
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