# PPP loan: SOUTH DAKOTA SOYBEAN PROCESSORS, LLC
> **$1.22M** approved 04/13/2020 · Paid in Full · Loan `4683937107`
## Borrower
- **Name:** SOUTH DAKOTA SOYBEAN PROCESSORS, LLC
- **Address:** 100 Caspian Ave PO Box 500, VOLGA, SD, 57071-9006
- **NAICS:** 311224
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Jobs reported:** 121
## Lender
- **Originating:** First Bank & Trust
- **Servicing:** First Bank & Trust (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*