# PPP loan: SHEBOYGAN MOTOR COMPANY LLC
> **$1.25M** approved 04/12/2020 · Paid in Full · Loan `3904807103`
## Borrower
- **Name:** SHEBOYGAN MOTOR COMPANY LLC
- **Address:** 3400 S Business Dr, SHEBOYGAN, WI, 53081-7022
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $937K
- **Rent:** $156K
- **Utilities:** $156K
- **Jobs reported:** 104
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*