PPP Loan information for Act 2

$40,809

Act 2 was initially approved for PPP Loan of amount $40,809, the current approved amount is $40,809. The loan was approved on 03/24/2021 by The First Interstate Bank reported 6 jobs and $40,809 was used to fund payroll.

Act 2 is Existing or more than 2 years old

ACT 2

Date Approved

03/24/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

ACT 2

Borrower Address

417 S Main St

Borrower City

Aberdeen

Borrower State

SD

Borrower Zip

57401-4324

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40809.00

Current Approval Amount

40809.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aberdeen

Project County Name

BROWN

Project State

SD

Project Zip

57401-4324

CD

SD-

Jobs Reported

6

NAICS Code

711110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40808.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

40993.48

Forgiveness Date

09/20/2021

;