Hastings Chrysler Center Inc.

$461,497 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
9118087003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$461,497
Current Approval
$461,497
Forgiveness Amount
$464,548
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hastings Chrysler Center Inc.
Address
2980 Highway 61 S
ZIP Code
55033
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Chrysler - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$346,197
Rent
$60,000
Utilities
$15,300
Health Care
$15,000
Debt Interest
$25,000

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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