ABERDEEN DEVELOPMENT CORPORATION (SD) - 2020 PPP Loan Borrower Profile (# 7852498304)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABERDEEN DEVELOPMENT CORPORATION. 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

7852498304

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$55,563

Date Loan was Approved

Jan 28, 2021

Amount Forgiven

$55,830.92

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

55,559

Lender

First Interstate Bank

Business Detail

Business Type

Professional Association

NAICS

531312

Borrower Location

Aberdeen, SD

Project Location

Aberdeen, SD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.