Sioux City Motor Company
$919,900 PPP Loan in Sioux City, Iowa
Loan Details
- Loan Number
- 2109977104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $919,900
- Current Approval
- $919,900
- Forgiveness Amount
- $928,818
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sioux City Motor Company
- Address
- 3601 Singing Hills Blvd
- City
- Sioux City
- State
- Iowa
- ZIP Code
- 51106-5161
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 90
- Estimated Revenue
- $22.7M
- Rural/Urban
- Urban
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $689,925
- Rent
- $114,987
- Utilities
- $114,988
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Sioux City, IA
| Business | Approved | |
|---|---|---|
| Thompson Electric Company | $5,954,493 |  AI Deep Dive |
| State Steel Supply Co. | $4,695,700 | AI Deep Dive |
| Sioux City Truck Sales INC | $4,213,000 | AI Deep Dive |
| Morningside College | $4,042,655 | AI Deep Dive |
| Sce Partners LLC | $3,733,855 | AI Deep Dive |
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