Lunde Lincoln, Inc.

$521,600 PPP Loan in Fargo, North Dakota

Loan Details

Loan Number
3947957102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$521,600
Current Approval
$521,600
Forgiveness Amount
$525,396
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lunde Lincoln, Inc.
Address
140 40th Street South
City
Fargo
ZIP Code
58103-1152
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Lincoln Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$391,200
Rent
$65,200
Utilities
$65,200

Lender Information

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

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