PPP Loan information for Porter distributing co.

$298,500

Porter distributing co. was initially approved for PPP Loan of amount $298,500, the current approved amount is $298,500. The loan was approved on 04/06/2020 by The BankWest, Inc reported 31 jobs and $298,500 was used to fund payroll.

Porter distributing co. is Existing or more than 2 years old

PPP Loan Search / SD / MITCHELL / Porter distributing co.

PORTER DISTRIBUTING CO.

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PORTER DISTRIBUTING CO.

Borrower Address

PO Box 187

Borrower City

MITCHELL

Borrower State

SD

Borrower Zip

57301

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298500.00

Current Approval Amount

298500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66573

Servicing Lender Name

BankWest, Inc

Servicing Lender Address

420 S Pierre St

Servicing Lender City

PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57501-3224

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

57301-0001

CD

SD-

Jobs Reported

31

NAICS Code

424810

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

298500.00

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

66573

Originating Lender

BankWest, Inc

Originating Lender City

PIERRE

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

300994.32

Forgiveness Date

02/16/2021

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