Cars-N-Credit, INC
$520,300 PPP Loan in Minnesota City, Minnesota
Loan Details
- Loan Number
- 8978397008
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $520,300
- Current Approval
- $381,200
- Forgiveness Amount
- $383,699
- Forgiveness Date
- Dec 10, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cars-N-Credit, INC
- Address
- 7110 Martina Road
- City
- Minnesota City
- State
- Minnesota
- ZIP Code
- 55959-1254
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 51
- Estimated Revenue
- $12.9M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $309,956
- Rent
- $34,400
- Utilities
- $12,000
- Mortgage Interest
- $24,844
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Minnesota City, MN
| Business | Approved | |
|---|---|---|
| Cars-N-Credit Inc. | $437,445 |  AI Deep Dive |
| Oakridge Fabrication INC | $182,100 | AI Deep Dive |
| Silver Eagle Trucking INC | $143,562 | AI Deep Dive |
| Silver Eagle Trucking, Inc. | $142,500 | AI Deep Dive |
| Minnesota City Machining, INC | $118,790 | AI Deep Dive |
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