BUSSER ELECTRIC LLC (SD) - 2020 PPP Loan Borrower Profile (# 8458887303)

Updated on April 18, 2025.

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

8458887303

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$13,946.2

Date Loan was Approved

May 1, 2020

Amount Forgiven

$14,019.94

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,486.2

Payroll Proced

10,460

Lender

FNB Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

COLTON, SD

Project Location

COLTON, SD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.