Watertown Motor Company
$786,400 PPP Loan in Watertown, South Dakota
Loan Details
- Loan Number
- 6832197005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $786,400
- Current Approval
- $786,400
- Forgiveness Amount
- $792,495
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Watertown Motor Company
- Address
- 1600 9th Ave. SE
- City
- Watertown
- State
- South Dakota
- ZIP Code
- 57201-5012
- 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
- 92
- Estimated Revenue
- $23.2M
- Rural/Urban
- Urban
- Congressional District
- SD-
Loan Use Breakdown
- Payroll
- $589,800
- Rent
- $98,300
- Utilities
- $98,300
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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|---|---|---|
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