CHAD TOFTELAND (ND) - 2020 PPP Loan Borrower Profile (# 2027368406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHAD TOFTELAND. 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

2027368406

SBA Office Code

0875

Processing Method

PPS

Curent Loan Amount

$20,833.33

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$20,931.13

Date Loan was Forgiven

Jul 28, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,832.33

Lender

First Western Bank & Trust

Business Detail

Business Type

Sole Proprietorship

NAICS

111199

Borrower Location

Westhope, ND

Project Location

Westhope, ND

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.