Api Auto Parts INC

$130,500 PPP Loan in Hibbing, Minnesota

Loan Details

Loan Number
4538887109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$130,500
Current Approval
$121,500
Forgiveness Amount
$122,526
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Api Auto Parts INC
Address
2611 E Beltline
ZIP Code
55746-2303
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Franchise
Napa Autocare Program Membership Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$8.4M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$97,200
Rent
$4,300
Utilities
$20,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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