# PPP loan: COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATES
> **$325K** approved 04/10/2020 · Paid in Full · Loan `1463747103`
## Borrower
- **Name:** COMMUNITY AND ECONOMIC DEVELOPMENT ASSOCIATES
- **Address:** 1500 South Hwy 52 PO Box 483, CHATFIELD, MN, 55923-0483
- **NAICS:** 561499
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Jobs reported:** 26
## Lender
- **Originating:** F & M Community Bank, National Association
- **Servicing:** F & M Community Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*