Liberty Motors INC

$1,789,600 PPP Loan in Rapid City, South Dakota

Loan Details

Loan Number
6531647005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,789,600
Current Approval
$1,789,600
Forgiveness Amount
$1,802,077
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Liberty Motors INC
Address
600 Cambell St
ZIP Code
57701-3002
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Jeep - Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
147
Estimated Revenue
$37.0M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$1,342,227
Rent
$119,476
Utilities
$39,964
Health Care
$48,788
Mortgage Interest
$27,696
Debt Interest
$211,449

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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