PPP Loan information for Liberty motors inc

$1,789,600

Liberty motors inc was initially approved for PPP Loan of amount $1,789,600, the current approved amount is $1,789,600. The loan was approved on 04/07/2020 by The Dacotah Bank reported 147 jobs and $1,789,600 was used to fund payroll.

Liberty motors inc is Existing or more than 2 years old

PPP Loan Search / SD / RAPID CITY / Liberty motors inc

LIBERTY MOTORS INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LIBERTY MOTORS INC

Borrower Address

600 CAMBELL ST

Borrower City

RAPID CITY

Borrower State

SD

Borrower Zip

57701-3002

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1789600.00

Current Approval Amount

1789600.00

Undisbursed Amount

0.00

Franchise Name

Jeep - Sales and Service Agreement

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RAPID CITY

Project County Name

PENNINGTON

Project State

SD

Project Zip

57701-3002

CD

SD-

Jobs Reported

147

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

39964.00

Payroll Proceed

1342227.00

Mortgage Interest Proceed

27696.00

Rent Proceed

119476.00

Refinance EIDL Proceed

0.00

Health Care Proceed

48788.00

Debt Interest Proceed

211449

Business Type

Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1802077.49

Forgiveness Date

12/22/2020

;