PPP Loan information for Mccormick motor, inc

$117,600

Mccormick motor, inc was initially approved for PPP Loan of amount $117,600, the current approved amount is $117,600. The loan was approved on 04/04/2020 by The First Dakota National Bank reported 11 jobs and $117,600 was used to fund payroll.

Mccormick motor, inc is Existing or more than 2 years old

PPP Loan Search / SD / SALEM / Mccormick motor, inc

MCCORMICK MOTOR, INC

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MCCORMICK MOTOR, INC

Borrower Address

PO BOX 68

Borrower City

SALEM

Borrower State

SD

Borrower Zip

57058-0068

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117600.00

Current Approval Amount

117600.00

Undisbursed Amount

0.00

Franchise Name

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MCCOOK

Project State

SD

Project Zip

57058-0068

CD

SD-

Jobs Reported

11

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9800.00

Payroll Proceed

88200.00

Mortgage Interest Proceed

9800.00

Rent Proceed

9800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118534.36

Forgiveness Date

01/25/2021

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