Nereson Automotive Inc.

$599,500 PPP Loan in Detroit Lakes, Minnesota

Loan Details

Loan Number
4474757007
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$599,500
Current Approval
$599,500
Forgiveness Amount
$602,867
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Nereson Automotive Inc.
Address
923 Highway 10
ZIP Code
56501-4217
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$599,500

Lender Information

Servicing Lender
Midwest Bank
Originating Lender
Midwest Bank

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