Weelborg Ford

$389,700 PPP Loan in Redwood Falls, Minnesota

Loan Details

Loan Number
7414137000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$389,700
Current Approval
$389,700
Forgiveness Amount
$394,084
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Weelborg Ford
Address
1307 Bridge St
ZIP Code
56283-1903
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
New Business or 2 years or less
Jobs Reported
33
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$389,700

Lender Information

Servicing Lender
Citizens Bank Minnesota
Originating Lender
Citizens Bank Minnesota

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