# PPP loan: PHILIP LIVESTOCK AUCTION, LLC
> **$170K** approved 04/06/2020 · Paid in Full · Loan `6333997004`
## Borrower
- **Name:** PHILIP LIVESTOCK AUCTION, LLC
- **Address:** 607 E Pleasant ST PO Box 812, PHILIP, SD, 57567
- **NAICS:** 424520
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Utilities:** $34K
- **Jobs reported:** 50
## Lender
- **Originating:** First National Bank in Philip
- **Servicing:** First National Bank in Philip (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*