BINDER ENTERPRISES INC. (SD) - 2020 PPP Loan Borrower Profile (# 5899958908)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BINDER ENTERPRISES 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

5899958908

SBA Office Code

0876

Processing Method

PPS

Curent Loan Amount

$21,800

Date Loan was Approved

May 1, 2021

Amount Forgiven

$21,872.27

Date Loan was Forgiven

Sep 7, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

21,797

Lender

CorTrust Bank National Association

Business Detail

Business Type

Corporation

NAICS

321219

Borrower Location

Montrose, SD

Project Location

Montrose, SD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.