Browns Tire & Battery INC

$88,800 PPP Loan in Rushford, Minnesota

Loan Details

Loan Number
5163837004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$88,800
Current Approval
$88,800
Forgiveness Amount
$89,404
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Browns Tire & Battery INC
Address
45024 State Highway 43
ZIP Code
55971-5222
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$79,920
Utilities
$8,880

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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