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Nyhus Chevrolet Buick Inc.

$194,700 PPP Loan in Staples, Minnesota

Loan Details

Loan Number
4517487010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$194,700
Current Approval
$194,700
Forgiveness Amount
$196,241
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nyhus Chevrolet Buick Inc.
Address
120 2nd Ave
City
Staples
State
Minnesota
ZIP Code
56479-2534
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$170,700
Rent
$10,000
Utilities
$8,000
Debt Interest
$6,000

Lender Information

Servicing Lender
First International Bank & Trust
Originating Lender
First International Bank & Trust

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