# PPP loan: RESSLER MOTOR COMPANY
> **$3.39M** approved 04/07/2020 · Paid in Full · Loan `7259417000`
## Borrower
- **Name:** RESSLER MOTOR COMPANY
- **Address:** 8475 Huffine Lane, BOZEMAN, MT, 59718-9421
- **NAICS:** 441110
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.39M
- **Initial approval:** $3.39M
- **Forgiven:** $3.43M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.54M
- **Rent:** $424K
- **Utilities:** $424K
- **Jobs reported:** 287
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*