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Red Wing Motor Sports, INC

$21,900 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
4490207202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$21,900
Current Approval
$21,900
Forgiveness Amount
$22,038
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Red Wing Motor Sports, INC
Address
1026 Main St
City
Red Wing
State
Minnesota
ZIP Code
55066-2233
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$16,900
Rent
$5,000

Lender Information

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

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