# PPP loan: CITY OF REDFIELD
> **$1.50M** approved 04/30/2020 · Paid in Full · Loan `5081557304`
## Borrower
- **Name:** CITY OF REDFIELD
- **Address:** 110 W 10th Ave, REDFIELD, SD, 57469
- **NAICS:** 921110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Jobs reported:** 126
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*