APEX AUTO REPAIR & TRANSMISSION INC (MN) - 2020 PPP Loan Borrower Profile (# 1653358602)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APEX AUTO REPAIR & TRANSMISSION 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

1653358602

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$7,708

Date Loan was Approved

Mar 13, 2021

Amount Forgiven

$7,751.08

Date Loan was Forgiven

Oct 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

7,705

Lender

Security Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

811198

Borrower Location

Coon Rapids, MN

Project Location

Coon Rapids, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.