Waseca Motor Company, Inc.

$99,900 PPP Loan in Waseca, Minnesota

Loan Details

Loan Number
5572607104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$99,900
Current Approval
$99,900
Forgiveness Amount
$100,574
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Waseca Motor Company, Inc.
Address
1800 Elm Avenue West
City
Waseca
ZIP Code
56093-0523
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
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
$75,000
Rent
$15,000
Utilities
$9,900

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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