Tooele Motor Company
$945,400 PPP Loan in Tooele, Utah
Loan Details
- Loan Number
- 3892197101
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $945,400
- Current Approval
- $945,400
- Forgiveness Amount
- $956,430
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tooele Motor Company
- Address
- 1141 N Main St
- City
- Tooele
- State
- Utah
- ZIP Code
- 84074-1764
- 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
- New Business or 2 years or less
- Jobs Reported
- 83
- Estimated Revenue
- $20.9M
- Rural/Urban
- Urban
- Congressional District
- UT-02
Loan Use Breakdown
- Payroll
- $709,050
- Rent
- $118,175
- Utilities
- $118,175
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Tooele, UT
| Business | Approved | |
|---|---|---|
| Tekko Enterprises, Inc. | $1,105,000 |  Research |
| Rocky Mountain Care - Tooele, Inc. | $857,300 | Research |
| Christensen & Griffith Construction Co. | $809,000 | Research |
| Utah Motorsports Campus, Inc. | $483,602 | Research |
| Rocky Mountain Rail Car & Repair, Inc. | $445,000 | Research |
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