# PPP loan: RED HORSE SEED PRODUCTION INC
> **$292K** approved 04/15/2020 · Paid in Full · Loan `8019227106`
## Borrower
- **Name:** RED HORSE SEED PRODUCTION INC
- **Address:** 1021 SW 10th St, MADISON, SD, 57042
- **NAICS:** 424910
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 33
## Lender
- **Originating:** First Bank & Trust
- **Servicing:** First Bank & Trust (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*