ADVANCED AUTO TRANSPORT, INC. (MN) - 2020 PPP Loan Borrower Profile (# 2966537302)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED AUTO TRANSPORT, 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

2966537302

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$135,800

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$137,199.49

Date Loan was Forgiven

May 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,795

Payroll Proced

101,905

Rent Proceed

9,500

Health Care Proceed

17,600

Lender

Alerus Financial, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

484230

Borrower Location

LAKE ELMO, MN

Project Location

LAKE ELMO, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.