Speeds Auto

$65,735 PPP Loan in Thief River Falls, Minnesota

Loan Details

Loan Number
3714997309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$65,735
Current Approval
$65,735
Forgiveness Amount
$66,207
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Speeds Auto
Address
1605 Highway 59 SE
ZIP Code
56701-3817
Business Type
Sole Proprietorship
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$49,303
Utilities
$16,432

Lender Information

Servicing Lender
Northern State Bank of Thief River Falls
Originating Lender
Northern State Bank of Thief River Falls

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