# PPP loan: JONES FOOD CENTER - VERMILLION INC
> **$423K** approved 04/04/2020 · Paid in Full · Loan `4716727002`
## Borrower
- **Name:** JONES FOOD CENTER - VERMILLION INC
- **Address:** 812 COTTAGE AVE, VERMILLION, SD, 57069-1122
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $425K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $317K
- **Mortgage interest:** $80K
- **Utilities:** $26K
- **Jobs reported:** 69
## Lender
- **Originating:** First Dakota National Bank
- **Servicing:** First Dakota National Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*