# PPP loan: KRUSE & MUER QUALITY FOODS INC
> **$385K** approved 05/01/2020 · Paid in Full · Loan `1591697705`
## Borrower
- **Name:** KRUSE & MUER QUALITY FOODS INC
- **Address:** 134 W University Dr Ste 204, Rochester, MI, 48307
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $353K
- **Rent:** $21K
- **Utilities:** $9K
- **Health care:** $2K
- **Jobs reported:** 44
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*