# PPP loan: STOUT FOOD SERVICE LLC
> **$203K** approved 04/15/2020 · Paid in Full · Loan `1611547203`
## Borrower
- **Name:** STOUT FOOD SERVICE LLC
- **Address:** 55 W 300 S, Kokomo, IN, 46902-5138
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 48
## Lender
- **Originating:** First Farmers Bank & Trust Co.
- **Servicing:** First Farmers Bank & Trust Co. (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*