PPP Loan information for Jerry's automotive, inc.

$286,384

Jerry's automotive, inc. was initially approved for PPP Loan of amount $286,384, the current approved amount is $286,384. The loan was approved on 04/05/2020 by The First PREMIER Bank reported 20 jobs and $286,384 was used to fund payroll.

Jerry's automotive, inc. is Existing or more than 2 years old

JERRY'S AUTOMOTIVE, INC.

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

JERRY'S AUTOMOTIVE, INC.

Borrower Address

306 N 16th Street

Borrower City

BERESFORD

Borrower State

SD

Borrower Zip

57004-1502

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286384.00

Current Approval Amount

286384.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

66668

Servicing Lender Name

First PREMIER Bank

Servicing Lender Address

500 S Minnesota Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-4824

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERESFORD

Project County Name

UNION

Project State

SD

Project Zip

57004-1502

CD

SD-

Jobs Reported

20

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

286384.00

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

Corporation

Originating Lender Location Id

66668

Originating Lender

First PREMIER Bank

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

289613.78

Forgiveness Date

05/24/2021

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