# PPP loan: MITCHELL MOTORCARS, LLC
> **$487K** approved 04/03/2020 · Paid in Full · Loan `4510197003`
## Borrower
- **Name:** MITCHELL MOTORCARS, LLC
- **Address:** 2300 N Main St, MITCHELL, SD, 57301-1028
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $491K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $487K
- **Jobs reported:** 44
## Lender
- **Originating:** First Dakota National Bank
- **Servicing:** First Dakota National Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*