Hastings Automotive Inc.
$379,112 PPP Loan in Hastings, Minnesota
Loan Details
- Loan Number
- 9108637009
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $379,112
- Current Approval
- $379,112
- Forgiveness Amount
- $381,618
- Forgiveness Date
- Dec 9, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hastings Automotive Inc.
- Address
- 3625 Vermillion St
- City
- Hastings
- State
- Minnesota
- ZIP Code
- 55033-4006
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $7.6M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $284,346
- Rent
- $60,000
- Utilities
- $7,000
- Health Care
- $7,766
- Debt Interest
- $20,000
Lender Information
- Servicing Lender
- Vermillion State Bank
- Originating Lender
- Vermillion State Bank
Other PPP Loans in Hastings, MN
| Business | Approved | |
|---|---|---|
| Intek Plastics, INC | $3,559,723 |  Research |
| Universal Services Telecommunications Te | $1,582,300 | Research |
| Innovative Surfaces, Inc. | $1,451,970 | Research |
| Dsm Excavating Co INC | $1,057,622 | Research |
| Rahn Home Services, Inc. | $885,000 | Research |
Want to research this company further?
Try NewBizBot free