PPP Loan information for Davison motorcars llc

$629,000

Davison motorcars llc was initially approved for PPP Loan of amount $629,000, the current approved amount is $629,000. The loan was approved on 04/03/2020 by The First Dakota National Bank reported 52 jobs and $629,000 was used to fund payroll.

Davison motorcars llc is Existing or more than 2 years old

PPP Loan Search / SD / MITCHELL / Davison motorcars llc

DAVISON MOTORCARS LLC

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

DAVISON MOTORCARS LLC

Borrower Address

219 E 1st Ave

Borrower City

MITCHELL

Borrower State

SD

Borrower Zip

57301-3425

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

629000.00

Current Approval Amount

629000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MITCHELL

Project County Name

DAVISON

Project State

SD

Project Zip

57301-3425

CD

SD-

Jobs Reported

52

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

629000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

635031.51

Forgiveness Date

03/31/2021

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