# PPP loan: FAULKTON AREA MEDICAL CENTER
> **$1.21M** approved 04/13/2020 · Paid in Full · Loan `5353017104`
## Borrower
- **Name:** FAULKTON AREA MEDICAL CENTER
- **Address:** 1300 Oak Street, FAULKTON, SD, 57438-2149
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $970K
- **Mortgage interest:** $121K
- **Utilities:** $121K
- **Jobs reported:** 89
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*