PPP borrower record

TOOELE MOTOR COMPANY PPP loan record

Public SBA PPP loan record for TOOELE MOTOR COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$945,400
Approved amount
$956,430
Forgiven amount
2020-04-12
Date approved

Borrower and loan details

Borrower
TOOELE MOTOR COMPANY
Loan number
3892197101
Business type
Limited Liability Company
Business age
New Business or 2 years or less
Borrower city
Tooele
Borrower state
Utah
Borrower ZIP
84074
Jobs reported
83
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Alerus Financial, National Association
Originating lender
Alerus Financial, National Association

Reported use of proceeds

Payroll
$709,050
Rent
$118,175
Utilities
$118,175
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.
TOOELE MOTOR COMPANY PPP Loan Record | PPP Loan Map