CHAD'S EXCAVATING INC. (ND) - 2020 PPP Loan Borrower Profile (# 8188337007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHAD'S EXCAVATING 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

8188337007

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$36,395

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$36,614.37

Date Loan was Forgiven

Nov 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,640

Payroll Proced

29,115

Rent Proceed

3,640

Lender

The Goose River Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

237990

Borrower Location

MAYVILLE, ND

Project Location

MAYVILLE, ND

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.