PPP Loan information for Mitchell motorcars, llc

$487,300

Mitchell motorcars, llc was initially approved for PPP Loan of amount $487,300, the current approved amount is $487,300. The loan was approved on 04/03/2020 by The First Dakota National Bank reported 44 jobs and $487,300 was used to fund payroll.

Mitchell motorcars, llc is Existing or more than 2 years old

PPP Loan Search / SD / MITCHELL / Mitchell motorcars, llc

MITCHELL MOTORCARS, LLC

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MITCHELL MOTORCARS, LLC

Borrower Address

2300 N Main St

Borrower City

MITCHELL

Borrower State

SD

Borrower Zip

57301-1028

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487300.00

Current Approval Amount

487300.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company 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

57301-1028

CD

SD-

Jobs Reported

44

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

487300.00

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

490877.98

Forgiveness Date

01/08/2021

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