Matt Saxe Chevrolet-Buick, Inc.

$414,275 PPP Loan in Belle Plaine, Minnesota

Loan Details

Loan Number
6463307103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$414,275
Current Approval
$414,275
Forgiveness Amount
$417,998
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matt Saxe Chevrolet-Buick, Inc.
Address
909 Enterprise Drive
ZIP Code
56011
Business Type
Corporation
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
36
Estimated Revenue
$9.1M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$310,710
Utilities
$41,400
Mortgage Interest
$62,165

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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