Deboer Chevrolet Co

$141,571 PPP Loan in Edgerton, Minnesota

Loan Details

Loan Number
5783407005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$141,571
Current Approval
$141,571
Forgiveness Amount
$142,617
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Deboer Chevrolet Co
Address
930 Main Street
ZIP Code
56128-1265
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$121,571
Rent
$5,000
Utilities
$15,000

Lender Information

Servicing Lender
First State Bank Southwest
Originating Lender
First State Bank Southwest

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