# PPP loan: SODAK MEX I INC
> **$200K** approved 04/10/2020 · Paid in Full · Loan `1608077105`
## Borrower
- **Name:** SODAK MEX I INC
- **Address:** 1331 E North St, RAPID CITY, SD, 57709
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $161K
- **Rent:** $23K
- **Utilities:** $17K
- **Jobs reported:** 42
## Lender
- **Originating:** BankWest, Inc
- **Servicing:** BankWest, Inc (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*