PPP Loan information for Sax motor co.

$816,200

Sax motor co. was initially approved for PPP Loan of amount $816,200, the current approved amount is $816,200. The loan was approved on 04/03/2020 by The Dakota Community Bank & Trust, National Association reported 57 jobs and $816,200 was used to fund payroll.

Sax motor co. is Existing or more than 2 years old

SAX MOTOR CO.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SAX MOTOR CO.

Borrower Address

52 21ST ST E

Borrower City

DICKINSON

Borrower State

ND

Borrower Zip

58601-3500

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

816200.00

Current Approval Amount

816200.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

52846

Servicing Lender Name

Dakota Community Bank & Trust, National Association

Servicing Lender Address

609 Main St

Servicing Lender City

HEBRON

Servicing Lender State

ND

Servicing Lender Zip

58638

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DICKINSON

Project County Name

STARK

Project State

ND

Project Zip

58601-3500

CD

ND-

Jobs Reported

57

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

816200.00

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

52846

Originating Lender

Dakota Community Bank & Trust, National Association

Originating Lender City

HEBRON

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

821165.22

Forgiveness Date

11/19/2020

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