# PPP loan: WG HENSCHEN CO
> **$309K** approved 04/10/2020 · Paid in Full · Loan `1651987102`
## Borrower
- **Name:** WG HENSCHEN CO
- **Address:** 7363 E Tierra Buena Lane, SCOTTSDALE, AZ, 85260-1609
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $25K
- **Utilities:** $5K
- **Health care:** $12K
- **Debt interest:** $34K
- **Jobs reported:** 24
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*