PPP Loan information for Prostrollo motor sales, inc.

$614,000

Prostrollo motor sales, inc. was initially approved for PPP Loan of amount $614,000, the current approved amount is $614,000. The loan was approved on 04/04/2020 by The American Bank & Trust reported 43 jobs and $614,000 was used to fund payroll.

Prostrollo motor sales, inc. is Existing or more than 2 years old

PROSTROLLO MOTOR SALES, INC.

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

PROSTROLLO MOTOR SALES, INC.

Borrower Address

500 4th St NE

Borrower City

HURON

Borrower State

SD

Borrower Zip

57350-1619

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

614000.00

Current Approval Amount

614000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer 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

HURON

Project County Name

BEADLE

Project State

SD

Project Zip

57350-1619

CD

SD-

Jobs Reported

43

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

614000.00

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

619201.94

Forgiveness Date

02/09/2021

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