CARSTENSEN CONTRACTING, INC (SD) - 2020 PPP Loan Borrower Profile (# 7146047000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CARSTENSEN CONTRACTING, 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

7146047000

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$1,442,815

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$1,452,554

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,442,815

Lender

First Farmers & Merchants National Bank

Business Detail

Business Type

Corporation

NAICS

237990

Borrower Location

DELL RAPIDS, SD

Project Location

DELL RAPIDS, SD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.