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Automotive Associates, Inc.

$21,900 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
3715587306
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$21,900
Current Approval
$21,900
Forgiveness Amount
$22,032
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Automotive Associates, Inc.
Address
22760 320th St
City
Red Wing
State
Minnesota
ZIP Code
55066-7322
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423740)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$16,414
Mortgage Interest
$5,486

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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