# PPP loan: STRAUSS VEAL FEEDS INC
> **$1.39M** approved 04/09/2020 · Paid in Full · Loan `1052977108`
## Borrower
- **Name:** STRAUSS VEAL FEEDS INC
- **Address:** 600 STRAUSS PROVIMI RD, NORTH MANCHESTER, IN, 46962-1393
- **NAICS:** 311119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $50K
- **Mortgage interest:** $58K
- **Utilities:** $34K
- **Health care:** $134K
- **Jobs reported:** 98
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*