Bismarck Motor Company
$1,166,000 PPP Loan in Bismarck, North Dakota
Loan Details
- Loan Number
- 6919347005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,166,000
- Current Approval
- $1,166,000
- Forgiveness Amount
- $1,175,069
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bismarck Motor Company
- Address
- 1100 57th Ave. NE
- City
- Bismarck
- State
- North Dakota
- ZIP Code
- 58503-6304
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Honda Automobile Division - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 80
- Estimated Revenue
- $20.2M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $874,500
- Rent
- $145,700
- Utilities
- $145,800
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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