BOOM CONSTRUCTION INC. (SD) - 2020 PPP Loan Borrower Profile (# 7287067010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BOOM CONSTRUCTION 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

7287067010

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$83,600

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$84,264.16

Date Loan was Forgiven

Jan 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

66,900

Health Care Proceed

8,350

Debt Interest Proceed

5,850

Lender

Dacotah Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236115

Borrower Location

BOX ELDER, SD

Project Location

BOX ELDER, SD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.