CIMARRON LABEL, INC. (SD) - 2020 PPP Loan Borrower Profile (# 4584277006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CIMARRON LABEL, 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

4584277006

SBA Office Code

0876

Processing Method

PPP

Curent Loan Amount

$1,383,700

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$1,392,002.2

Date Loan was Forgiven

Nov 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

90,000

Payroll Proced

1,110,000

Rent Proceed

80,700

Health Care Proceed

80,000

Debt Interest Proceed

23,000

Lender

The First National Bank in Sioux Falls

Business Detail

Business Type

Subchapter S Corporation

NAICS

323113

Borrower Location

SIOUX FALLS, SD

Project Location

SIOUX FALLS, SD

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

112

Business Age Description

Existing or more than 2 years old

Data Source: SBA.