# PPP loan: AGROMATIC INCORPORATED
> **$401K** approved 04/10/2020 · Paid in Full · Loan `1791727107`
## Borrower
- **Name:** AGROMATIC INCORPORATED
- **Address:** N6989 ROLLING MEADOWS DR, FOND DU LAC, WI, 54937-9728
- **NAICS:** 423820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $401K
- **Initial approval:** $401K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Rent:** $16K
- **Utilities:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 36
## Lender
- **Originating:** National Exchange Bank and Trust
- **Servicing:** National Exchange Bank and Trust (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*