Hutchinson Auto Center, Inc.

$369,900 PPP Loan in Hutchinson, Minnesota

Loan Details

Loan Number
4385127004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$369,900
Current Approval
$369,900
Forgiveness Amount
$372,027
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hutchinson Auto Center, Inc.
Address
1165 Highway 22
ZIP Code
55350-0015
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$294,000
Rent
$40,000
Utilities
$35,900

Lender Information

Servicing Lender
Central Bank & Trust
Originating Lender
Central Bank & Trust

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