Mason City Motor Company LLC
$446,100 PPP Loan in Mason City, Iowa
Loan Details
- Loan Number
- 7325767010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $446,100
- Current Approval
- $446,100
- Forgiveness Amount
- $451,317
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Mason City Motor Company LLC
- Address
- 4510 4th Street SW
- City
- Mason City
- State
- Iowa
- ZIP Code
- 50401-7334
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Nissan North America, Inc. - Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- $9.1M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $334,500
- Rent
- $55,800
- Utilities
- $55,800
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
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