5 WEST INC. (ND) - 2020 PPP Loan Borrower Profile (# 5386577104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5 WEST INC.. 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 North Dakota.

Loan Detail

Loan Number

5386577104

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$220,600

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$221,978.75

Date Loan was Forgiven

Dec 2, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,800

Payroll Proced

169,200

Rent Proceed

43,600

Lender

Dacotah Bank

Business Detail

Business Type

Corporation

NAICS

445110

Borrower Location

BELCOURT, ND

Project Location

BELCOURT, ND

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.