Wood Motor INC
$512,700 PPP Loan in Brainerd, Minnesota
Loan Details
- Loan Number
- 4503607106
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $512,700
- Current Approval
- $512,700
- Forgiveness Amount
- $517,378
- Forgiveness Date
- Mar 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Wood Motor INC
- Address
- 620 West Washington
- City
- Brainerd
- State
- Minnesota
- ZIP Code
- 56401
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Chrysler - Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 52
- Estimated Revenue
- $13.1M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $512,700
Lender Information
- Servicing Lender
- Bremer Bank, National Association
- Originating Lender
- Bremer Bank, National Association
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|---|---|---|
| Thelen Heating & Roofing, Inc. | $2,060,100 |  Research |
| Madden Brothers, Inc. | $1,982,218 | Research |
| Cragun Corporation | $1,967,444 | Research |
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| Gcp II INC | $1,331,700 | Research |
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