Bob Thompson Motor Co

$484,779 PPP Loan in New York Mills, Minnesota

Loan Details

Loan Number
6664457000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$484,779
Current Approval
$484,779
Forgiveness Amount
$487,608
Forgiveness Date
Nov 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bob Thompson Motor Co
Address
310 Bach Avenue
ZIP Code
56567-4326
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$21.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$484,779

Lender Information

Servicing Lender
Farmers & Merchants State Bank of New York Mills, Incorporated
Originating Lender
Farmers & Merchants State Bank of New York Mills, Incorporated

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