A-CONDITION WHEEL SERVICE INC. (MN) - 2020 PPP Loan Borrower Profile (# 4557807102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A-CONDITION WHEEL SERVICE 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

4557807102

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$62,702.05

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$63,444.02

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

56,702.05

Rent Proceed

6,000

Lender

Vermillion State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

ROSEMOUNT, MN

Project Location

ROSEMOUNT, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.