# PPP loan: AMERICAN CONNECTIONS, INC.
> **$324K** approved 04/05/2020 · Paid in Full · Loan `5557937002`
## Borrower
- **Name:** AMERICAN CONNECTIONS, INC.
- **Address:** 1001 1ST AVE SE, ABERDEEN, SD, 57401-4707
- **NAICS:** 485410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $316K (98%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Rent:** $32K
- **Utilities:** $32K
- **Jobs reported:** 63
## Lender
- **Originating:** Dacotah Bank
- **Servicing:** Dacotah Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*