Friedrichs Tire & Oil Co.

$83,500 PPP Loan in Sauk Centre, Minnesota

Loan Details

Loan Number
5710047003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$83,500
Current Approval
$83,500
Forgiveness Amount
$84,117
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Friedrichs Tire & Oil Co.
Address
200 Main St
ZIP Code
56378-1112
Business Type
Corporation
Industry (NAICS)
Retail Trade (447190)
Franchise
Offen Petroleum (sinclair) Retail Product Sales Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$68,475
Rent
$6,166
Utilities
$6,579
Health Care
$2,280

Lender Information

Servicing Lender
First State Bank of Sauk Centre
Originating Lender
First State Bank of Sauk Centre

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