Transmission Shop INC
$124,200 PPP Loan in Richfield, Minnesota
Loan Details
- Loan Number
- 8152007207
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $124,200
- Current Approval
- $124,200
- Forgiveness Amount
- $124,865
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Transmission Shop INC
- Address
- 6958 Cedar Ave S
- City
- Richfield
- State
- Minnesota
- ZIP Code
- 55423-2768
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811113)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $82,632
- Rent
- $17,500
- Utilities
- $2,236
- Health Care
- $21,832
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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