# PPP loan: DORDT UNIVERSITY
> **$4.00M** approved 04/04/2020 · Paid in Full · Loan `4724227005`
## Borrower
- **Name:** DORDT UNIVERSITY
- **Address:** 700 7th Street NE, SIOUX CENTER, IA, 51250-1671
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.00M
- **Initial approval:** $4.00M
- **Forgiven:** $4.05M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.00M
- **Jobs reported:** 353
## Lender
- **Originating:** American State Bank
- **Servicing:** American State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*