Spring Valley Chevrolet Buick, INC

$414,300 PPP Loan in Spring Valley, Minnesota

Loan Details

Loan Number
5532297102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$414,300
Current Approval
$414,300
Forgiveness Amount
$419,053
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spring Valley Chevrolet Buick, INC
Address
120 E Grant St.
ZIP Code
55975-1146
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$401,516
Rent
$6,000
Utilities
$3,199
Debt Interest
$3,585

Lender Information

Servicing Lender
Citizens Community Federal National Association
Originating Lender
Citizens Community Federal National Association

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