# PPP loan: SIOUX VALLEY COOPERATIVE
> **$673K** approved 04/09/2020 · Paid in Full · Loan `9138467007`
## Borrower
- **Name:** SIOUX VALLEY COOPERATIVE
- **Address:** 8 10th Street NW, Watertown, SD, 57201-1686
- **NAICS:** 447110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $673K
- **Initial approval:** $673K
- **Forgiven:** $678K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $538K
- **Utilities:** $135K
- **Jobs reported:** 45
## Lender
- **Originating:** DNB National Bank
- **Servicing:** DNB National Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*