Schwieters Ford of Montevideo, INC

$426,500 PPP Loan in Montevideo, Minnesota

Loan Details

Loan Number
4510447202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$426,500
Current Approval
$426,500
Forgiveness Amount
$429,129
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schwieters Ford of Montevideo, INC
Address
2207 East Highway 7
ZIP Code
56265
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Unanswered
Jobs Reported
48
Estimated Revenue
$12.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$426,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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