# PPP loan: KOERMER, FRED G. & M. KAREN
> **$701K** approved 04/10/2020 · Paid in Full · Loan `1790797104`
## Borrower
- **Name:** KOERMER, FRED G. & M. KAREN
- **Address:** 965 S. Wells Street, LAKE GENEVA, WI, 53147-2468
- **NAICS:** 334519
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $701K
- **Initial approval:** $701K
- **Forgiven:** $705K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $701K
- **Jobs reported:** 44
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*