Ray's Auto Body Shop of Princeton, Inc.

$34,800 PPP Loan in Princeton, Minnesota

Loan Details

Loan Number
7935487104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$34,800
Current Approval
$34,800
Forgiveness Amount
$35,158
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray's Auto Body Shop of Princeton, Inc.
Address
31320 125th St NW
ZIP Code
55371
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811121)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$26,100
Utilities
$3,480
Mortgage Interest
$5,220

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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