Ressler Motor Company

$3,390,300 PPP Loan in Bozeman, Montana

Loan Details

Loan Number
7259417000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$3,390,300
Current Approval
$3,390,300
Forgiveness Amount
$3,429,948
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ressler Motor Company
Address
8475 Huffine Lane
State
Montana
ZIP Code
59718-9421
Business Type
Trust
Industry (NAICS)
Retail Trade (441110)
Franchise
Audi Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
287
Estimated Revenue
$72.3M
Rural/Urban
Rural
Congressional District
MT-01

Loan Use Breakdown

Payroll
$2,542,700
Rent
$423,800
Utilities
$423,800

Lender Information

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

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