PPP Loan information for Iverson chrysler center, inc.

$404,300

Iverson chrysler center, inc. was initially approved for PPP Loan of amount $404,300, the current approved amount is $404,300. The loan was approved on 04/03/2020 by The American Bank & Trust reported 46 jobs and $404,300 was used to fund payroll.

Iverson chrysler center, inc. is Existing or more than 2 years old

PPP Loan Search / SD / MITCHELL / Iverson chrysler center, inc.

IVERSON CHRYSLER CENTER, INC.

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

IVERSON CHRYSLER CENTER, INC.

Borrower Address

600 S Burr St

Borrower City

MITCHELL

Borrower State

SD

Borrower Zip

57301-4000

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

404300.00

Current Approval Amount

404300.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

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

57301-4000

CD

SD-

Jobs Reported

46

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

404300.00

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

Subchapter S Corporation

Originating Lender Location Id

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

408522.69

Forgiveness Date

04/20/2021

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