PPP Loan information for Faulkton area medical center

$1,212,500

Faulkton area medical center was initially approved for PPP Loan of amount $1,212,500, the current approved amount is $1,212,500. The loan was approved on 04/13/2020 by The Dacotah Bank reported 89 jobs and $1,212,500 was used to fund payroll.

Faulkton area medical center is Existing or more than 2 years old

FAULKTON AREA MEDICAL CENTER

Date Approved

04/13/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FAULKTON AREA MEDICAL CENTER

Borrower Address

1300 Oak Street

Borrower City

FAULKTON

Borrower State

SD

Borrower Zip

57438-2149

Loan Status Date

12/31/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1212500.00

Current Approval Amount

1212500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAULKTON

Project County Name

FAULK

Project State

SD

Project Zip

57438-2149

CD

SD-

Jobs Reported

89

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

121200.00

Payroll Proceed

970200.00

Mortgage Interest Proceed

121100.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1219269.79

Forgiveness Date

11/05/2020

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