Aaa Auto Salvage, Inc.

$941,400 PPP Loan in Rosemount, Minnesota

Loan Details

Loan Number
5207567009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$941,400
Current Approval
$941,400
Forgiveness Amount
$950,317
Forgiveness Date
Mar 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aaa Auto Salvage, Inc.
Address
2871 160th Street West
ZIP Code
55068-1627
Business Type
Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$813,400
Rent
$88,600
Utilities
$9,300
Health Care
$21,800
Debt Interest
$8,300

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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