Vern Eide Motorcars, INC

$2,506,300 PPP Loan in Sioux Falls, South Dakota

Loan Details

Loan Number
4488607009
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$2,506,300
Current Approval
$2,506,300
Forgiveness Amount
$2,535,277
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vern Eide Motorcars, INC
Address
5200 S Louise Ave
ZIP Code
57108-2297
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
174
Estimated Revenue
$43.8M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$2,506,300

Lender Information

Servicing Lender
First Dakota National Bank
Originating Lender
First Dakota National Bank

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