Maday Motors INC

$199,700 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
5300547008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$199,700
Current Approval
$199,700
Forgiveness Amount
$201,015
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Maday Motors INC
Address
2403 S Broadway St
ZIP Code
56073-3950
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Jeep - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$199,700

Lender Information

Servicing Lender
Citizens Bank Minnesota
Originating Lender
Citizens Bank Minnesota

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