Dan Porter Motors, Inc.

$545,000 PPP Loan in Dickinson, North Dakota

Loan Details

Loan Number
4405847006
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$545,000
Current Approval
$545,000
Forgiveness Amount
$548,161
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dan Porter Motors, Inc.
Address
2391 I94 Business Loop E
ZIP Code
58601-7128
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.8M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$487,000
Rent
$50,000
Utilities
$8,000

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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