# PPP loan: NEXT2NEW AUTOMOTIVE SALES & SERVICE INC.
> **$211K** approved 04/10/2020 · Paid in Full · Loan `1306307107`
## Borrower
- **Name:** NEXT2NEW AUTOMOTIVE SALES & SERVICE INC.
- **Address:** 5117 W. 12TH ST, SIOUX FALLS, SD, 57106-0399
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $212K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $32K
- **Utilities:** $11K
- **Jobs reported:** 18
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*