Iron Trail Motors LLC

$503,000 PPP Loan in Virginia, Minnesota

Loan Details

Loan Number
6074997009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$503,000
Current Approval
$503,000
Forgiveness Amount
$508,733
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Iron Trail Motors LLC
Address
1301 17th St South
ZIP Code
55792-3778
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$503,000

Lender Information

Servicing Lender
National Bank of Commerce
Originating Lender
National Bank of Commerce

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