Grant Pass Motor Company

$826,500 PPP Loan in Grants Pass, Oregon

Loan Details

Loan Number
6711827008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$826,500
Current Approval
$826,500
Forgiveness Amount
$836,188
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Grant Pass Motor Company
Address
375 Redwood Highway
State
Oregon
ZIP Code
97527-5405
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$17.4M
Rural/Urban
Rural
Congressional District
OR-02

Loan Use Breakdown

Payroll
$619,900
Utilities
$103,300
Mortgage Interest
$103,300

Lender Information

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

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