Ace Auto Repair, Inc.

$30,500 PPP Loan in Moorhead, Minnesota

Loan Details

Loan Number
4961237001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$30,500
Current Approval
$30,500
Forgiveness Amount
$30,730
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ace Auto Repair, Inc.
Address
2702 12th Ave S
ZIP Code
56560-3902
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-07

Loan Use Breakdown

Payroll
$26,830
Rent
$2,670
Utilities
$1,000

Lender Information

Servicing Lender
American Federal Bank
Originating Lender
American Federal Bank

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