# PPP loan: KRAEMER'S WATER STORE, INC.
> **$180K** approved 04/10/2020 · Paid in Full · Loan `1497477103`
## Borrower
- **Name:** KRAEMER'S WATER STORE, INC.
- **Address:** 241 W Haseltine, RICHLAND CENTER, WI, 53581
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $11K
- **Mortgage interest:** $11K
- **Utilities:** $11K
- **Health care:** $11K
- **Jobs reported:** 14
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*