Morries Golden Valley Cadillac, LLC

$919,270 PPP Loan in Golden Valley, Minnesota

Loan Details

Loan Number
7617877304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$919,270
Current Approval
$919,270
Forgiveness Amount
$929,430
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morries Golden Valley Cadillac, LLC
Address
7400 Wayzata Blvd 0.0
ZIP Code
55426-1620
Business Type
Limited Liability Company(llc)
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
72
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$714,536
Rent
$128,458
Utilities
$31,616
Health Care
$44,660

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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