South Main Auto Center

$32,000 PPP Loan in Austin, Minnesota

Loan Details

Loan Number
7728107201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$32,000
Current Approval
$32,000
Forgiveness Amount
$32,137
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
South Main Auto Center
Address
109 Southmain St
City
Austin
ZIP Code
55912-3409
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$24,000
Utilities
$8,000

Lender Information

Servicing Lender
First Farmers & Merchants State Bank
Originating Lender
First Farmers & Merchants State Bank

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