# PPP loan: UNDERGROUND SOLUTIONS INC
> **$492K** approved 04/03/2020 · Paid in Full · Loan `4367617005`
## Borrower
- **Name:** UNDERGROUND SOLUTIONS INC
- **Address:** 27077 Sundowner Ave, SIOUX FALLS, SD, 57106-8010
- **NAICS:** 237130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $362K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $419K
- **Utilities:** $10K
- **Health care:** $57K
- **Debt interest:** $5K
- **Jobs reported:** 45
## Lender
- **Originating:** The First National Bank in Sioux Falls
- **Servicing:** The First National Bank in Sioux Falls (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*