Davison Motorcars LLC
$629,000 PPP Loan in Mitchell, South Dakota
Loan Details
- Loan Number
- 4506167002
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $629,000
- Current Approval
- $629,000
- Forgiveness Amount
- $635,032
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Davison Motorcars LLC
- Address
- 219 E 1st Ave
- City
- Mitchell
- State
- South Dakota
- ZIP Code
- 57301-3425
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 52
- Estimated Revenue
- $13.1M
- Rural/Urban
- Urban
- Congressional District
- SD-
Loan Use Breakdown
- Payroll
- $629,000
Lender Information
- Servicing Lender
- First Dakota National Bank
- Originating Lender
- First Dakota National Bank
Other PPP Loans in Mitchell, SD
| Business | Approved | |
|---|---|---|
| Muth Electric INC | $5,341,200 | |
| Vantage Point Solutions INC | $4,067,300 | |
| Innovative Systems LLC | $3,373,100 | |
| Dakota Wesleyan University | $1,935,500 | |
| Lifequest | $1,463,498 |
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