ABERDEEN AREA ARTS COUNCIL (SD) - 2020 PPP Loan Borrower Profile (# 9135017006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABERDEEN AREA ARTS COUNCIL. 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

9135017006

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$7,300

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$7,349.2

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

220

Payroll Proced

6,380

Rent Proceed

700

Lender

CorTrust Bank National Association

Business Detail

Business Type

Non-Profit Organization

NAICS

813219

Borrower Location

ABERDEEN, SD

Project Location

ABERDEEN, SD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.