Ward Muscatell Automotive Grp

$1,388,100 PPP Loan in Moorhead, Minnesota

Loan Details

Loan Number
5853107005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,388,100
Current Approval
$1,388,100
Forgiveness Amount
$1,398,896
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ward Muscatell Automotive Grp
Address
2911 11th Street S.
ZIP Code
56560-6172
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Subaru Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$21.9M
Rural/Urban
Urban
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,041,000
Rent
$115,700
Utilities
$115,700
Mortgage Interest
$115,700

Lender Information

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

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