PPP Loan information for Faulkton area economic development corporation, inc.

$8,200

Faulkton area economic development corporation, inc. was initially approved for PPP Loan of amount $8,200, the current approved amount is $8,200. The loan was approved on 04/29/2020 by The Dacotah Bank reported 2 jobs and $8,200 was used to fund payroll.

Faulkton area economic development corporation, inc. is Existing or more than 2 years old

PPP Loan Search / SD / FAULKTON / Faulkton area economic development corporation, inc.

FAULKTON AREA ECONOMIC DEVELOPMENT CORPORATION, INC.

Date Approved

04/29/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FAULKTON AREA ECONOMIC DEVELOPMENT CORPORATION, INC.

Borrower Address

PO BOX 458

Borrower City

FAULKTON

Borrower State

SD

Borrower Zip

57438-0458

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8200.00

Current Approval Amount

8200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAULKTON

Project County Name

FAULK

Project State

SD

Project Zip

57438-0458

CD

SD-

Jobs Reported

2

NAICS Code

926110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

8289.52

Forgiveness Date

06/08/2021

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