# PPP loan: RHOADES ENTERPRISES, LLC
> **$263K** approved 04/06/2020 · Paid in Full · Loan `6188087005`
## Borrower
- **Name:** RHOADES ENTERPRISES, LLC
- **Address:** 6503 W 41st St, SIOUX FALLS, SD, 57106-1286
- **NAICS:** 722515
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $30K
- **Utilities:** $13K
- **Jobs reported:** 134
## Lender
- **Originating:** The First National Bank in Sioux Falls
- **Servicing:** The First National Bank in Sioux Falls (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*