1ST STOP AUTO REPAIR & ALIGNMENT INC (MN) - 2020 PPP Loan Borrower Profile (# 5803277404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST STOP AUTO REPAIR & ALIGNMENT INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

5803277404

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$6,000

Date Loan was Approved

May 13, 2020

Amount Forgiven

$6,046.85

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

6,000

Lender

United Prairie Bank

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

JACKSON, MN

Project Location

JACKSON, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.