Wayne's Repair

$28,200 PPP Loan in Freeborn, Minnesota

Loan Details

Loan Number
5294647006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$28,200
Current Approval
$28,200
Forgiveness Amount
$28,508
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wayne's Repair
Address
1010 Park St
ZIP Code
56032-2233
Business Type
Sole Proprietorship
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$25,200
Utilities
$1,000
Health Care
$1,000
Mortgage Interest
$1,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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