ADVANCED RECYCLING SYSTEMS LLC. (SD) - 2020 PPP Loan Borrower Profile (# 5057817103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED RECYCLING SYSTEMS LLC.. 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

5057817103

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$20,070

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$20,248.96

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

20,070

Lender

First PREMIER Bank

Business Detail

Business Type

Corporation

NAICS

562920

Borrower Location

SIOUX FALLS, SD

Project Location

SIOUX FALLS, 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.