Gallatin Motor Company, LLC

$542,400 PPP Loan in Bozeman, Montana

Loan Details

Loan Number
3591917110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$542,400
Current Approval
$542,400
Forgiveness Amount
$547,628
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gallatin Motor Company, LLC
Address
31910 Frontage Road
State
Montana
ZIP Code
59715-8642
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.3M
Rural/Urban
Rural
Congressional District
MT-01

Loan Use Breakdown

Payroll
$406,800
Rent
$67,800
Utilities
$67,800

Lender Information

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

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