BARGER ELECTRIC LLC (SD) - 2020 PPP Loan Borrower Profile (# 9945617403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BARGER ELECTRIC 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

9945617403

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$62,200

Date Loan was Approved

May 21, 2020

Amount Forgiven

$62,582.34

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

62,200

Lender

First Bank & Trust

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

MADISON, SD

Project Location

MADISON, SD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.