Lunde Automotive, Inc.

$1,188,400 PPP Loan in Peoria, Arizona

Loan Details

Loan Number
3884777109
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,188,400
Current Approval
$1,188,400
Forgiveness Amount
$1,197,742
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lunde Automotive, Inc.
Address
8801 W Bell Road
City
Peoria
State
Arizona
ZIP Code
85382-3711
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Volkswagen Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$26.0M
Rural/Urban
Urban
Congressional District
AZ-08

Loan Use Breakdown

Payroll
$891,300
Rent
$148,550
Utilities
$148,550

Lender Information

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

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