# PPP loan: LAUNCH SERVICING, LLC
> **$398K** approved 04/06/2020 · Paid in Full · Loan `5913357002`
## Borrower
- **Name:** LAUNCH SERVICING, LLC
- **Address:** 6009 S Sharon Avenue, Suite 105, SIOUX FALLS, SD, 57108-5745
- **NAICS:** 523920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Rent:** $80K
- **Jobs reported:** 25
## Lender
- **Originating:** Richland State Bank
- **Servicing:** Richland State Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*