North Metro Automotive

$25,000 PPP Loan in Maplewood, Minnesota

Loan Details

Loan Number
1507037105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$25,000
Current Approval
$25,000
Forgiveness Amount
$25,179
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
North Metro Automotive
Address
1925 Arcade St
ZIP Code
55109-2553
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$22,000
Utilities
$2,000
Debt Interest
$1,000

Lender Information

Servicing Lender
First Resource Bank
Originating Lender
First Resource Bank

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