BREDVIK FARMS INC. (SD) - 2020 PPP Loan Borrower Profile (# 4018058404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BREDVIK FARMS 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

4018058404

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$5,950

Date Loan was Approved

Feb 5, 2021

Amount Forgiven

$5,981.4

Date Loan was Forgiven

Aug 18, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

5,947

Lender

Dacotah Bank

Business Detail

Business Type

Corporation

NAICS

111150

Borrower Location

New Effington, SD

Project Location

New Effington, 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.