Okoboji Motor Company
$642,100 PPP Loan in Spirit Lake, Iowa
Loan Details
- Loan Number
- 6792237009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $642,100
- Current Approval
- $642,100
- Forgiveness Amount
- $649,627
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Okoboji Motor Company
- Address
- 2720 17th Street
- City
- Spirit Lake
- State
- Iowa
- ZIP Code
- 51360-1081
- 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
- 64
- Estimated Revenue
- $16.1M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $80,300
- Rent
- $80,200
- Mortgage Interest
- $481,600
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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