ADVANCED AUTO REPAIR (MN) - 2020 PPP Loan Borrower Profile (# 4366387006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED AUTO REPAIR. 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

4366387006

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$67,500

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$67,869.38

Date Loan was Forgiven

Oct 21, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

67,500

Lender

First Western Bank & Trust

Business Detail

Business Type

Corporation

NAICS

811121

Borrower Location

BRAINERD, MN

Project Location

BRAINERD, 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.