Mckays Family Dodge INC

$590,800 PPP Loan in Waite Park, Minnesota

Loan Details

Loan Number
6023337010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$590,800
Current Approval
$590,800
Forgiveness Amount
$596,527
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mckays Family Dodge INC
Address
2020 Frontage Rd So
ZIP Code
56387
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$21.4M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$470,000
Rent
$80,000
Utilities
$12,000
Health Care
$28,800

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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