ABILITY BUILDING SERVICES, INC. (SD) - 2020 PPP Loan Borrower Profile (# 6301437104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABILITY BUILDING SERVICES, 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

6301437104

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$360,500

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$363,186.47

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

45,062

Payroll Proced

270,375

Rent Proceed

45,063

Lender

First Dakota National Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

623210

Borrower Location

YANKTON, SD

Project Location

YANKTON, SD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

120

Business Age Description

Existing or more than 2 years old

Data Source: SBA.