# PPP loan: IVERSON CHRYSLER CENTER, INC.
> **$404K** approved 04/03/2020 · Paid in Full · Loan `4569017000`
## Borrower
- **Name:** IVERSON CHRYSLER CENTER, INC.
- **Address:** 600 S Burr St, MITCHELL, SD, 57301-4000
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Jobs reported:** 46
## Lender
- **Originating:** American Bank and Trust
- **Servicing:** American Bank and Trust (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*