Scottsbluff Motor Company

$732,600 PPP Loan in Scottsbluff, Nebraska

Loan Details

Loan Number
7190787007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$732,600
Current Approval
$732,600
Forgiveness Amount
$738,054
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scottsbluff Motor Company
Address
2014 E. 20th Place
ZIP Code
69361-2719
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$19.4M
Rural/Urban
Urban
Congressional District
NE-03

Loan Use Breakdown

Payroll
$549,600
Rent
$61,000
Utilities
$61,000
Mortgage Interest
$61,000

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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