PPP Loan information for Automatic transmission and gear, inc.

$52,200

Automatic transmission and gear, inc. was initially approved for PPP Loan of amount $52,200, the current approved amount is $52,200. The loan was approved on 04/04/2020 by The Dacotah Bank reported 5 jobs and $52,200 was used to fund payroll.

Automatic transmission and gear, inc. is Existing or more than 2 years old

AUTOMATIC TRANSMISSION AND GEAR, INC.

Date Approved

04/04/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

AUTOMATIC TRANSMISSION AND GEAR, INC.

Borrower Address

515 14th Ave SE

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-5207

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52200.00

Current Approval Amount

52200.00

Undisbursed Amount

0.00

Franchise Name

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-5207

CD

SD-

Jobs Reported

5

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

44700.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

52556.70

Forgiveness Date

12/17/2020

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