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
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

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