Porter Distributing Co.

$298,500 PPP Loan in Mitchell, South Dakota

Loan Details

Loan Number
6088497002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$298,500
Current Approval
$298,500
Forgiveness Amount
$300,994
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Porter Distributing Co.
Address
Po Box 187
ZIP Code
57301
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$298,500

Lender Information

Servicing Lender
Bankwest, INC
Originating Lender
Bankwest, INC

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