Schwan Buick Gmc Cadillac INC

$1,704,300 PPP Loan in Mandan, North Dakota

Loan Details

Loan Number
9439927007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,704,300
Current Approval
$1,704,300
Forgiveness Amount
$1,090,937
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schwan Buick Gmc Cadillac INC
Address
3812 Memorial Highway
City
Mandan
ZIP Code
58554-4653
Business Type
Subchapter S 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
66
Estimated Revenue
$16.6M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$1,599,569
Rent
$92,000
Utilities
$12,731

Lender Information

Servicing Lender
First International Bank & Trust
Originating Lender
First International Bank & Trust

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