Morris Auto Plaza, Inc.

$504,500 PPP Loan in Alexandria, Minnesota

Loan Details

Loan Number
4687567002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$504,500
Current Approval
$504,500
Forgiveness Amount
$508,757
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morris Auto Plaza, Inc.
Address
5803 State Highway 29 S
ZIP Code
56308-6029
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
31
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$504,500

Lender Information

Servicing Lender
Viking Bank National Association
Originating Lender
Viking Bank National Association

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