Mccormick Motor, INC

$117,600 PPP Loan in Salem, South Dakota

Loan Details

Loan Number
4806677004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$117,600
Current Approval
$117,600
Forgiveness Amount
$118,534
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mccormick Motor, INC
Address
Po Box 68
City
Salem
ZIP Code
57058-0068
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$88,200
Rent
$9,800
Utilities
$9,800
Mortgage Interest
$9,800

Lender Information

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

Other PPP Loans in Salem, SD

BusinessApproved
Salem Sd Skilled Nursing Facility LLC$370,115NewBizBotResearch
Blindert Insurance Agency INC$126,927NewBizBotResearch
Blindert Insurance Agency, INC$126,900NewBizBotResearch
Mccormick Motors INC$106,300NewBizBotResearch
T & C's Pitstop INC$93,227NewBizBotResearch

Want to research this company further?

Try NewBizBot free