# PPP loan: ALLIED MIDWEST MERCHANDISERS, INC
> **$366K** approved 04/06/2020 · Paid in Full · Loan `6241427000`
## Borrower
- **Name:** ALLIED MIDWEST MERCHANDISERS, INC
- **Address:** 1111 N Cliff Ave, SIOUX FALLS, SD, 57103-0133
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $10K
- **Utilities:** $56K
- **Jobs reported:** 28
## 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*