Automotive Restyling Concepts, Inc.

$683,600 PPP Loan in New Hope, Minnesota

Loan Details

Loan Number
2697867101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$683,600
Current Approval
$857,400
Forgiveness Amount
$862,711
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Automotive Restyling Concepts, Inc.
Address
2731 Nevada Ave N
ZIP Code
55427-2806
Business Type
Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$643,050
Rent
$53,588
Utilities
$53,588
Mortgage Interest
$53,588
Debt Interest
$53,588

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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