Minot Automotive Center Inc.
$1,468,600 PPP Loan in Minot, North Dakota
Loan Details
- Loan Number
- 3504797103
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,468,600
- Current Approval
- $1,468,600
- Forgiveness Amount
- $1,480,594
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Minot Automotive Center Inc.
- Address
- 3615 S Broadway
- City
- Minot
- State
- North Dakota
- ZIP Code
- 58701-7455
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Dodge - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 128
- Estimated Revenue
- $32.3M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $1,101,450
- Rent
- $183,575
- Utilities
- $183,575
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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