Crystal Lake Automotive

$648,500 PPP Loan in Lakeville, Minnesota

Loan Details

Loan Number
4878817008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$648,500
Current Approval
$648,500
Forgiveness Amount
$653,310
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Crystal Lake Automotive
Address
16055 Buck Hill Rd
ZIP Code
55044-6438
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$518,835
Rent
$50,000
Utilities
$30,000
Health Care
$49,665

Lender Information

Servicing Lender
Lakeview Bank
Originating Lender
Lakeview Bank

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