PPP borrower record
TIM AMDAHL AUTOMOTIVE INC PPP loan record
Public SBA PPP loan record for TIM AMDAHL AUTOMOTIVE INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$547,200
Approved amount
$551,000
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
TIM AMDAHL AUTOMOTIVE INC
Loan number
5628787003
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Red Wing
Borrower state
Minnesota
Borrower ZIP
55066
Jobs reported
38
Loan status
Exemption 4
Forgiveness date
2020-12-22
Servicing lender
Merchants Bank, National Association
Originating lender
Merchants Bank, National Association
Reported use of proceeds
Payroll
$442,868
Rent
$65,000
Utilities
$13,332
Mortgage interest
$26,000
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.