PPP borrower record
OWATONNA MOTOR COMPANY PPP loan record
Public SBA PPP loan record for OWATONNA MOTOR COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$549,000
Approved amount
$553,423
Forgiven amount
2020-04-10
Date approved
Borrower and loan details
Borrower
OWATONNA MOTOR COMPANY
Loan number
2557237109
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Owatonna
Borrower state
Minnesota
Borrower ZIP
55060
Jobs reported
49
Loan status
Paid in Full
Forgiveness date
2021-02-02
Servicing lender
Alerus Financial, National Association
Originating lender
Alerus Financial, National Association
Reported use of proceeds
Payroll
$411,825
Rent
$68,590
Utilities
$68,585
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.