High Gear Auto Incorporated

$457,200 PPP Loan in Cottage Grove, Minnesota

Loan Details

Loan Number
6368757002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$457,200
Current Approval
$457,200
Forgiveness Amount
$462,273
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
High Gear Auto Incorporated
Address
9035 Janero Ave South
ZIP Code
55016-4071
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$16.3M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$457,200

Lender Information

Servicing Lender
Highland Bank
Originating Lender
Highland Bank

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