Automotive Ventures Group, Inc.

$157,000 PPP Loan in New Brighton, Minnesota

Loan Details

Loan Number
4422587002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$157,000
Current Approval
$157,000
Forgiveness Amount
$158,548
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Automotive Ventures Group, Inc.
Address
201 W County Road E2
ZIP Code
55112-6821
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$130,000
Rent
$27,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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