Fridley Motor Company
$1,580,800 PPP Loan in Fridley, Minnesota
Loan Details
- Loan Number
- 3644237101
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,580,800
- Current Approval
- $1,580,800
- Forgiveness Amount
- $1,599,287
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fridley Motor Company
- Address
- 7501 Highway 65 NE
- City
- Fridley
- State
- Minnesota
- ZIP Code
- 55432-3544
- Business Type
- Subchapter S Corporation
- 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
- 140
- Estimated Revenue
- $35.3M
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $1,185,675
- Rent
- $197,512
- Utilities
- $197,613
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Fridley, MN
| Business | Approved | |
|---|---|---|
| Reviva, Inc. | $2,589,000 |  Research |
| Rao Manufacturing Company | $2,433,608 | Research |
| Metropolitan Transportation Network, INC | $1,998,200 | Research |
| Rao Manufacturing Company | $1,995,107 | Research |
| Richland Refrigerated Solutions | $1,364,800 | Research |
Want to research this company further?
Try NewBizBot free