PPP Loan information for Wheel city motors east, inc.

$505,600

Wheel city motors east, inc. was initially approved for PPP Loan of amount $505,600, the current approved amount is $505,600. The loan was approved on 04/03/2020 by The First Dakota National Bank reported 41 jobs and $505,600 was used to fund payroll.

Wheel city motors east, inc. is New Business or 2 years or less

PPP Loan Search / SD / TEA / Wheel city motors east, inc.

WHEEL CITY MOTORS EAST, INC.

Date Approved

04/03/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

WHEEL CITY MOTORS EAST, INC.

Borrower Address

2415 N Bakker Landing Ave

Borrower City

TEA

Borrower State

SD

Borrower Zip

57064-2566

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505600.00

Current Approval Amount

505600.00

Undisbursed Amount

0.00

Franchise Name

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

New Business or 2 years or less

Project City

TEA

Project County Name

LINCOLN

Project State

SD

Project Zip

57064-2566

CD

SD-

Jobs Reported

41

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

505600.00

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

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

508799.82

Forgiveness Date

11/27/2020

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