Durango Motor Company
$1,670,400 PPP Loan in Durango, Colorado
Loan Details
- Loan Number
- 6734427009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,670,400
- Current Approval
- $1,670,400
- Forgiveness Amount
- $1,684,274
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Durango Motor Company
- Address
- 1200 Carbon Junction
- City
- Durango
- State
- Colorado
- ZIP Code
- 81301-3454
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 160
- Estimated Revenue
- $40.3M
- Rural/Urban
- Rural
- Congressional District
- CO-03
Loan Use Breakdown
- Payroll
- $1,252,800
- Rent
- $208,800
- Utilities
- $208,800
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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