Commerce Auto LLC

$63,250 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
3653917106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$63,250
Current Approval
$63,250
Forgiveness Amount
$63,702
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Commerce Auto LLC
Address
1730 Commerce Drive
ZIP Code
56003-1803
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531120)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$47,438
Utilities
$15,812

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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