# PPP loan: SUNTERRA FARMS IOWA INC.
> **$588K** approved 04/08/2020 · Paid in Full · Loan `8357507001`
## Borrower
- **Name:** SUNTERRA FARMS IOWA INC.
- **Address:** 702 S Ben Street, PARKSTON, SD, 57366-3301
- **NAICS:** 111998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $595K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $588K
- **Jobs reported:** 39
## Lender
- **Originating:** Iowa State Bank
- **Servicing:** Iowa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*