# PPP loan: FOERSTEL DESIGN, INC.
> **$173K** approved 04/09/2020 · Paid in Full · Loan `1118977101`
## Borrower
- **Name:** FOERSTEL DESIGN, INC.
- **Address:** 249 S 16th Street, BOISE, ID, 83702-5141
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Utilities:** $43K
- **Jobs reported:** 14
## Lender
- **Originating:** Washington Federal Bank d/b/a WaFd Bank
- **Servicing:** Washington Federal Bank d/b/a WaFd Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*