Anderson & Koch Ford, Inc.

$510,755 PPP Loan in North Branch, Minnesota

Loan Details

Loan Number
9352557000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$510,755
Current Approval
$510,755
Forgiveness Amount
$466,351
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Anderson & Koch Ford, Inc.
Address
5577 St Croix Trail
ZIP Code
55056-4208
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$408,604
Rent
$102,151

Lender Information

Servicing Lender
First State Bank of Wyoming
Originating Lender
First State Bank of Wyoming

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