Kelly's Chrysler Center INC

$218,600 PPP Loan in Ada, Minnesota

Loan Details

Loan Number
7050967000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$218,600
Current Approval
$218,600
Forgiveness Amount
$220,756
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kelly's Chrysler Center INC
Address
405 West Thorpe Ave
City
Ada
ZIP Code
56510-1546
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$200,000
Utilities
$15,000
Debt Interest
$3,600

Lender Information

Servicing Lender
American Federal Bank
Originating Lender
American Federal Bank

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