ABBOTT HOUSE INC (SD) - 2020 PPP Loan Borrower Profile (# 6280487010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABBOTT HOUSE 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 South Dakota.

Loan Detail

Loan Number

6280487010

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$855,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$862,425.62

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

18,890

Payroll Proced

684,058

Health Care Proceed

152,052

Lender

CorTrust Bank National Association

Business Detail

Business Type

Non-Profit Organization

NAICS

623990

Borrower Location

MITCHELL, SD

Project Location

MITCHELL, SD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

107

Business Age Description

Existing or more than 2 years old

Data Source: SBA.