Shipman Auto Parts, Inc.

$138,800 PPP Loan in Brainerd, Minnesota

Loan Details

Loan Number
7817037010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$138,800
Current Approval
$138,800
Forgiveness Amount
$140,153
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shipman Auto Parts, Inc.
Address
1711 SE 13th Street
ZIP Code
56401-4709
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$119,800
Rent
$17,000
Utilities
$2,000

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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