Victory Automotive Service
$743,400 PPP Loan in Minneapolis, Minnesota
Loan Details
- Loan Number
- 3081867108
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $743,400
- Current Approval
- $743,400
- Forgiveness Amount
- $747,641
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Victory Automotive Service
- Address
- 1010 Osborne Rd NE
- City
- Minneapolis
- State
- Minnesota
- ZIP Code
- 55432-2806
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 57
- Estimated Revenue
- $11.2M
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $618,698
- Rent
- $93,730
- Utilities
- $16,593
- Mortgage Interest
- $13,940
- Debt Interest
- $439
Lender Information
- Servicing Lender
- Midcountry Bank
- Originating Lender
- Midcountry Bank
Other PPP Loans in Minneapolis, MN
| Business | Approved | |
|---|---|---|
| Adams Communications Company, LLC | $10,000,000 | |
| Young Mens Christian Association of the North | $10,000,000 | |
| Border Foods INC | $10,000,000 | |
| Fredrikson & Byron, P.a. | $10,000,000 | |
| Salo, LLC | $10,000,000 |
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