ACCELERATED AUTO SERVICE AND REPAIR LLC (MN) - 2020 PPP Loan Borrower Profile (# 6183687009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCELERATED AUTO SERVICE AND REPAIR LLC. 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

6183687009

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$37,100

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$37,535.92

Date Loan was Forgiven

Jun 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

27,900

Rent Proceed

5,000

Health Care Proceed

2,500

Debt Interest Proceed

1,700

Lender

Prime Security Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

423120

Borrower Location

PRIOR LAKE, MN

Project Location

PRIOR LAKE, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.