# PPP loan: GREGERSON SALVAGE, INC.
> **$201K** approved 04/14/2020 · Paid in Full · Loan `6180447110`
## Borrower
- **Name:** GREGERSON SALVAGE, INC.
- **Address:** 241 WEST RAILWAY AVE, WAUBAY, SD, 57273-2203
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Rent:** $5K
- **Utilities:** $5K
- **Health care:** $9K
- **Debt interest:** $6K
- **Jobs reported:** 12
## 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*