AUTOMATIC SECURITY COMPANY INC. (SD) - 2020 PPP Loan Borrower Profile (# 2638528307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AUTOMATIC SECURITY COMPANY 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

2638528307

SBA Office Code

0876

Processing Method

PPS

Curent Loan Amount

$104,750

Date Loan was Approved

Jan 21, 2021

Amount Forgiven

$105,191.96

Date Loan was Forgiven

Jul 13, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

104,747

Lender

The First National Bank in Sioux Falls

Business Detail

Business Type

Corporation

NAICS

238210

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.