BROTHERS AUTO SALES (SD) - 2020 PPP Loan Borrower Profile (# 3458138305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BROTHERS AUTO SALES. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in South Dakota.

Loan Detail

Loan Number

3458138305

SBA Office Code

0876

Processing Method

PPS

Curent Loan Amount

$181,250

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$182,327.57

Date Loan was Forgiven

Sep 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

181,247

Lender

The First National Bank in Sioux Falls

Business Detail

Business Type

Subchapter S Corporation

NAICS

441228

Borrower Location

Sioux Falls, SD

Project Location

Sioux Falls, SD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.