PPP Loan information for Theel motors, inc.

$147,800

Theel motors, inc. was initially approved for PPP Loan of amount $147,800, the current approved amount is $147,800. The loan was approved on 04/10/2020 by The Dacotah Bank reported 18 jobs and $147,800 was used to fund payroll.

Theel motors, inc. is Existing or more than 2 years old

PPP Loan Search / ND / ROLLA / Theel motors, inc.

THEEL MOTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

THEEL MOTORS, INC.

Borrower Address

504 MAIN AVE East

Borrower City

ROLLA

Borrower State

ND

Borrower Zip

58367-7123

Loan Status Date

06/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147800.00

Current Approval Amount

147800.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROLLA

Project County Name

ROLETTE

Project State

ND

Project Zip

58367-7123

CD

ND-

Jobs Reported

18

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11800.00

Payroll Proceed

122000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

138707.18

Forgiveness Date

12/09/2020

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