# PPP loan: RISK ADMINISTRATION SERVICES, INC.
> **$2.06M** approved 04/14/2020 · Paid in Full · Loan `7032407101`
## Borrower
- **Name:** RISK ADMINISTRATION SERVICES, INC.
- **Address:** 300 Cherapa Place Suite 401, SIOUX FALLS, SD, 57103-2274
- **NAICS:** 524292
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.06M
- **Initial approval:** $2.06M
- **Forgiven:** $2.09M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Rent:** $103K
- **Utilities:** $103K
- **Health care:** $103K
- **Debt interest:** $103K
- **Jobs reported:** 125
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*