CHRIS NELSON (SD) - 2020 PPP Loan Borrower Profile (# 7060788506)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CHRIS NELSON. 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

7060788506

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$20,500

Date Loan was Approved

Mar 5, 2021

Amount Forgiven

$20,561.5

Date Loan was Forgiven

Jun 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,499

Lender

U.S. Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

112111

Borrower Location

Platte, SD

Project Location

Platte, SD

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.