RYDELL AUTO CENTER, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to RYDELL AUTO CENTER, INC. by Alerus Financial, National Association. The loan was approved on 4/09/2020 in the range of $2-5 million.

Business Information

Name:	RYDELL AUTO CENTER, INC. 2700 SOUTH WASHINGTON STREET GRAND FORKS, ND 58201
Business type:	Subchapter S Corporation Motor Vehicle and Parts Dealers → New Car Dealers
Non-profit:	No
Loan amount:	$2-5 million (50 Jobs retained)
Date approved:	April 09, 2020
Lender	Alerus Financial, National Association

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.