# PPP loan: DAKOTA WESLEYAN UNIVERSITY
> **$1.94M** approved 04/05/2020 · Paid in Full · Loan `5273937000`
## Borrower
- **Name:** DAKOTA WESLEYAN UNIVERSITY
- **Address:** 1200 W University Ave, MITCHELL, SD, 57301-4358
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.95M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.94M
- **Jobs reported:** 214
## Lender
- **Originating:** BankWest, Inc
- **Servicing:** BankWest, Inc (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*