Walser Burnsville Motors, LLC

$781,900 PPP Loan in Burnsville, Minnesota

Loan Details

Loan Number
4561307304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$781,900
Current Approval
$781,900
Forgiveness Amount
$790,490
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Walser Burnsville Motors, LLC
Address
14750 Buckhill Rd
ZIP Code
55306
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Nissan North America, Inc. - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$625,520
Rent
$117,285
Utilities
$39,095

Lender Information

Servicing Lender
First Resource Bank
Originating Lender
First Resource Bank

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