Wolf Motor Company, Inc.

$797,600 PPP Loan in Jordan, Minnesota

Loan Details

Loan Number
4857137006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$797,600
Current Approval
$797,600
Forgiveness Amount
$803,740
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wolf Motor Company, Inc.
Address
600 W 2nd St
City
Jordan
ZIP Code
55352-1213
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$15.6M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$700,000
Utilities
$47,600
Mortgage Interest
$50,000

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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