BEAL DISTRIBUTING INC (SD) - 2020 PPP Loan Borrower Profile (# 4616627108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEAL DISTRIBUTING 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

4616627108

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$851,100

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$859,303.66

Date Loan was Forgiven

Mar 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

851,100

Lender

Liberty National Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

424810

Borrower Location

SIOUX FALLS, SD

Project Location

SIOUX FALLS, SD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.