Jeff Belzer New Prague Auto, Inc.

$941,917 PPP Loan in New Prague, Minnesota

Loan Details

Loan Number
9246087106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$941,917
Current Approval
$941,917
Forgiveness Amount
$951,285
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jeff Belzer New Prague Auto, Inc.
Address
1185 W 280th Street
ZIP Code
56071
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
104
Estimated Revenue
$26.2M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$706,438
Utilities
$94,192
Mortgage Interest
$141,287

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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