# PPP loan: PELKIN'S FOODS INC.
> **$168K** approved 04/10/2020 · Paid in Full · Loan `1578287107`
## Borrower
- **Name:** PELKIN'S FOODS INC.
- **Address:** 216 Hwy 141 N, COLEMAN, WI, 54112-0235
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $26K
- **Utilities:** $12K
- **Jobs reported:** 54
## Lender
- **Originating:** The Stephenson National Bank and Trust
- **Servicing:** The Stephenson National Bank and Trust (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*