ALBERTSON ENGINEERING, INC. (SD) - 2020 PPP Loan Borrower Profile (# 5390117000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERTSON ENGINEERING, 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

5390117000

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$247,300

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$248,723.39

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

247,300

Lender

Black Hills Community Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541330

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.