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
- City
- Mitchell
- State
- South Dakota
- 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
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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