Fairway Collision Center, INC

$489,900 PPP Loan in Vandnais Heights, Minnesota

Loan Details

Loan Number
4935147103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$489,900
Current Approval
$489,900
Forgiveness Amount
$495,275
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fairway Collision Center, INC
Address
125 E County Rd F
ZIP Code
55127-6933
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$367,500
Utilities
$122,400

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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