Norseman Motor, Inc.
$429,300 PPP Loan in Detroit Lakes, Minnesota
Loan Details
- Loan Number
- 4445737002
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $429,300
- Current Approval
- $429,300
- Forgiveness Amount
- $432,170
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Norseman Motor, Inc.
- Address
- 425 Highway 10 East
- City
- Detroit Lakes
- State
- Minnesota
- ZIP Code
- 56501
- 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
- 38
- Estimated Revenue
- $9.6M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $429,300
Lender Information
- Servicing Lender
- Midwest Bank
- Originating Lender
- Midwest Bank
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