Sanderson Auto Repair, Inc.
$85,600 PPP Loan in Albert Lea, Minnesota
Loan Details
- Loan Number
- 8129077001
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $85,600
- Current Approval
- $85,600
- Forgiveness Amount
- $86,236
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sanderson Auto Repair, Inc.
- Address
- 131 W College St
- City
- Albert Lea
- State
- Minnesota
- ZIP Code
- 56007-2607
- Business Type
- Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $70,000
- Rent
- $10,000
- Utilities
- $4,000
- Debt Interest
- $1,600
Lender Information
- Servicing Lender
- Arcadian Bank
- Originating Lender
- Arcadian Bank
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