CARMATH INC (SD) - 2020 PPP Loan Borrower Profile (# 5163007002)

Updated on April 18, 2025.

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

5163007002

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$70,210

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$70,839.94

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

70,210

Lender

First PREMIER Bank

Business Detail

Business Type

Corporation

NAICS

532490

Borrower Location

BRANDON, SD

Project Location

BRANDON, SD

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.