Friedrichs Auto Sales, Inc.

$176,562 PPP Loan in Rice, Minnesota

Loan Details

Loan Number
9792597005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$176,562
Current Approval
$176,562
Forgiveness Amount
$178,210
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Friedrichs Auto Sales, Inc.
Address
39976 Co Rd 1
City
Rice
ZIP Code
56367
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$132,422
Rent
$26,575
Utilities
$17,565

Lender Information

Servicing Lender
Sentry Bank
Originating Lender
Sentry Bank

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