Aberdeen Machine Tool Inc.

$288,219 PPP Loan in Aberdeen, South Dakota

Loan Details

Loan Number
5392557203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$288,219
Current Approval
$288,219
Forgiveness Amount
$290,741
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Aberdeen Machine Tool Inc.
Address
2903 Industrial Ave
ZIP Code
57401
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$236,165
Rent
$46,054
Utilities
$6,000

Lender Information

Servicing Lender
Great Plains Bank
Originating Lender
Great Plains Bank

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