Bobby & Steves Auto World, LLP

$490,100 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
9097167003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$490,100
Current Approval
$490,100
Forgiveness Amount
$496,335
Forgiveness Date
Jul 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bobby & Steves Auto World, LLP
Address
7920 France Ave S
ZIP Code
55435-5232
Business Type
Limited Liability Partnership
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$441,090
Utilities
$29,406
Mortgage Interest
$19,604

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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