Dodge of Burnsville, Inc.
$1,102,000 PPP Loan in Burnsville, Minnesota
Loan Details
- Loan Number
- 5767287006
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,102,000
- Current Approval
- $1,102,000
- Forgiveness Amount
- $1,112,194
- Forgiveness Date
- Mar 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Dodge of Burnsville, Inc.
- Address
- 12101 Highway 35w South
- City
- Burnsville
- State
- Minnesota
- ZIP Code
- 55337-1642
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Dodge - Sales and Service Agreement
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 71
- Estimated Revenue
- $17.9M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $826,510
- Utilities
- $17,000
- Mortgage Interest
- $100,000
- Debt Interest
- $158,490
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Burnsville, MN
| Business | Approved | |
|---|---|---|
| Asset Marketing Services LLC | $4,162,200 | |
| Innovative Office Solutions, LLC | $3,749,500 | |
| Genz-Ryan Plumbing and Heating | $3,637,000 | |
| Videotronix, INC | $3,223,405 | |
| Cole's Salon, Inc. | $3,182,300 |
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