Used Cars and Trucks for Less, LLC

$272,727 PPP Loan in Inver Grove Heights, Minnesota

Loan Details

Loan Number
6098137210
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$272,727
Current Approval
$272,727
Forgiveness Amount
$274,871
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Used Cars and Trucks for Less, LLC
Address
4625 So. Robert Trail
ZIP Code
55077
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$197,383
Rent
$59,000
Utilities
$5,500
Health Care
$10,844

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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