PPP Loan information for Mccormick motors inc

$106,300

Mccormick motors inc was initially approved for PPP Loan of amount $106,300, the current approved amount is $106,300. The loan was approved on 01/21/2021 by The First Dakota National Bank reported 11 jobs and $106,300 was used to fund payroll.

Mccormick motors inc is Existing or more than 2 years old

PPP Loan Search / SD / Salem / Mccormick motors inc

MCCORMICK MOTORS INC

Date Approved

01/21/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

MCCORMICK MOTORS INC

Borrower Address

140 N Nebraska St

Borrower City

Salem

Borrower State

SD

Borrower Zip

57058-8945

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

106300.00

Current Approval Amount

106300.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MCCOOK

Project State

SD

Project Zip

57058-8945

CD

SD-

Jobs Reported

11

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

106298.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107197.00

Forgiveness Date

12/01/2021

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