Park Motor Company

$342,000 PPP Loan in Fairmont, Minnesota

Loan Details

Loan Number
5137717010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$342,000
Current Approval
$342,000
Forgiveness Amount
$344,252
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Park Motor Company
Address
700 East Blue Earth Ave
ZIP Code
56031-4032
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$342,000

Lender Information

Servicing Lender
Profinium, Inc.
Originating Lender
Profinium, Inc.

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