Hanson Tire Service, of Albert Lea, Inc.

$156,200 PPP Loan in Albert Lea, Minnesota

Loan Details

Loan Number
5187357007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$156,200
Current Approval
$156,200
Forgiveness Amount
$157,270
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hanson Tire Service, of Albert Lea, Inc.
Address
505 E Main St
ZIP Code
56007-2935
Business Type
Corporation
Industry (NAICS)
Retail Trade (441320)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$135,000
Rent
$6,200
Utilities
$5,000
Health Care
$10,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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