CHALLENGING MINDS DAYCARE LLC (SD) - 2020 PPP Loan Borrower Profile (# 1954099008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHALLENGING MINDS DAYCARE 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
1954099008
SBA Office Code
0876
Processing Method
PPS
Curent Loan Amount
$30,603
Date Loan was Approved
May 14, 2021
Amount Forgiven
$30,690.56
Date Loan was Forgiven
Aug 31, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
30,601
Lender
Midwest Minnesota Community Development Corporation

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
624410
Borrower Location
Summerset, SD
Project Location
Summerset, SD
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
33
Business Age Description
Existing or more than 2 years old
Data Source: SBA.