Davis Motors, Inc.
$406,353 PPP Loan in Litchfield, Minnesota
Loan Details
- Loan Number
- 6365687010
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $406,353
- Current Approval
- $406,353
- Forgiveness Amount
- $409,648
- Forgiveness Date
- Jan 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Davis Motors, Inc.
- Address
- 1005 N. Sibley Ave
- City
- Litchfield
- State
- Minnesota
- ZIP Code
- 55355-1302
- Business Type
- Corporation
- 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
- 42
- Estimated Revenue
- $10.6M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $325,082
- Rent
- $70,000
- Utilities
- $11,271
Lender Information
- Servicing Lender
- Home State Bank
- Originating Lender
- Home State Bank
Other PPP Loans in Litchfield, MN
| Business | Approved | |
|---|---|---|
| County of Meeker | $3,613,100 |  Research |
| Sparboe Farms, Inc. | $3,405,800 | Research |
| The First District Association | $3,000,000 | Research |
| Custom Products of Litchfield INC | $1,527,841 | Research |
| Custom Products of Litchfield INC | $1,527,800 | Research |
Want to research this company further?
Try NewBizBot free