Papik Motors, Inc.
$484,202 PPP Loan in Luvrne, Minnesota
Loan Details
- Loan Number
- 9493177008
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $484,202
- Current Approval
- $484,202
- Forgiveness Amount
- $490,344
- Forgiveness Date
- Jul 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Papik Motors, Inc.
- Address
- 801 Commerce Road 0.0
- City
- Luvrne
- State
- Minnesota
- ZIP Code
- 56156-2264
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $10.1M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $402,480
- Rent
- $58,000
- Utilities
- $8,872
- Health Care
- $14,850
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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