Buick Gmc of Rochester, Inc.
$510,800 PPP Loan in Rochester, Minnesota
Loan Details
- Loan Number
- 7160687000
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $510,800
- Current Approval
- $510,800
- Forgiveness Amount
- $515,738
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Buick Gmc of Rochester, Inc.
- Address
- 4646 Highway 52 North
- City
- Rochester
- State
- Minnesota
- ZIP Code
- 55901-0151
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 43
- Estimated Revenue
- $10.8M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $397,200
- Rent
- $93,800
- Utilities
- $7,800
- Health Care
- $12,000
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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