ACE STEELE & RECYCLING INC. (SD) - 2020 PPP Loan Borrower Profile (# 2221987401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE STEELE & RECYCLING 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

2221987401

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$317,585

Date Loan was Approved

May 5, 2020

Amount Forgiven

$319,638.43

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

317,585

Lender

First Interstate Bank

Business Detail

Business Type

Corporation

NAICS

423930

Borrower Location

RAPID CITY, SD

Project Location

RAPID CITY, SD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.