Alexandria Motor Company

$509,000 PPP Loan in Alexandria, Minnesota

Loan Details

Loan Number
5336097006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$509,000
Current Approval
$509,000
Forgiveness Amount
$514,952
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Alexandria Motor Company
Address
3710 South Hwy 29
ZIP Code
56308
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$381,800
Rent
$63,600
Utilities
$63,600

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

Other PPP Loans in Alexandria, MN

BusinessApproved
Alexandria Extrusion Co.$6,910,200NewBizBotAI Deep Dive
Central Specialties, Inc.$5,395,735NewBizBotAI Deep Dive
Knute Nelson$4,618,200NewBizBotAI Deep Dive
The Aagard Group LLC$2,881,100NewBizBotAI Deep Dive
Henry's Foods, Inc.$2,676,300NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free