Arce Auto, INC
$28,000 PPP Loan in Melrose, Minnesota
Loan Details
- Loan Number
- 6939527106
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $28,000
- Current Approval
- $28,000
- Forgiveness Amount
- $28,200
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Arce Auto, INC
- Address
- 109 Country Club Rd SW
- City
- Melrose
- State
- Minnesota
- ZIP Code
- 56352-8136
- Business Type
- Subchapter S Corporation
- 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-07
Loan Use Breakdown
- Payroll
- $22,400
- Rent
- $4,000
- Utilities
- $1,600
Lender Information
- Servicing Lender
- Freeport State Bank
- Originating Lender
- Freeport State Bank
Other PPP Loans in Melrose, MN
| Business | Approved | |
|---|---|---|
| Leedstone, INC | $1,875,000 |  AI Deep Dive |
| Melrose Electric, INC | $761,700 | AI Deep Dive |
| Rahn's Oil & Propane Inc. | $724,471 | AI Deep Dive |
| Rahn's Oil & Propane, Inc. | $661,000 | AI Deep Dive |
| Commercial Contractors Co. of Melrose, Inc. | $425,200 | AI Deep Dive |
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