# PPP loan: SESDAC, INC.
> **$800K** approved 04/07/2020 · Paid in Full · Loan `7467437000`
## Borrower
- **Name:** SESDAC, INC.
- **Address:** 1314 E CHERRY ST, VERMILLION, SD, 57069-1606
- **NAICS:** 624120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $804K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Rent:** $100K
- **Utilities:** $100K
- **Jobs reported:** 139
## 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*