Interstate Auto Group Inc.

$2,499,000 PPP Loan in Minnetonka, Minnesota

Loan Details

Loan Number
5188787009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,499,000
Current Approval
$2,499,000
Forgiveness Amount
$2,527,482
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Interstate Auto Group Inc.
Address
5900 Green Oak Dr Ste 101
ZIP Code
55343-4708
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
190
Estimated Revenue
$47.9M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$2,124,150
Rent
$249,900
Utilities
$124,950

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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