# PPP loan: NEATON BROTHERS EROSION LLC
> **$277K** approved 04/10/2020 · Paid in Full · Loan `1662097101`
## Borrower
- **Name:** NEATON BROTHERS EROSION LLC
- **Address:** PO Box 879, WATERTOWN, MN, 55388
- **NAICS:** 111191
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Mortgage interest:** $28K
- **Utilities:** $28K
- **Jobs reported:** 25
## Lender
- **Originating:** Compeer Financial, ACA
- **Servicing:** Compeer Financial, ACA (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*