As part of the Paycheck Protection Program SCHULTE AUTOMOTIVE was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

SCHULTE AUTOMOTIVE


Loan Amount	$1,179,400
BusinessName	SCHULTE AUTOMOTIVE
Address	7601 S. Minnesota Ave
City	SIOUX FALLS
State	SD
Zip	57108
NAICSCode	441110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	86
DateApproved	04/04/2020
Lender	Plains Commerce Bank
CD	SD-
BusinessName.clean	SCHULTE AUTOMOTIVE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

SCHULTE HOSPITALITY GROUP
SCHULTES PRECISION MFG
SCHULTHEIS PANETTIERI L
SCHULTZ FORD LINCOLN
SCHULTZ INDUSTRIES