# PPP loan: WHEEL CITY MOTORS EAST, INC.
> **$506K** approved 04/03/2020 · Paid in Full · Loan `4525927000`
## Borrower
- **Name:** WHEEL CITY MOTORS EAST, INC.
- **Address:** 2415 N Bakker Landing Ave, TEA, SD, 57064-2566
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Jobs reported:** 41
## 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*