# PPP loan: HINNENKAMP DAIRY INC.
> **$155K** approved 04/10/2020 · Paid in Full · Loan `1795447103`
## Borrower
- **Name:** HINNENKAMP DAIRY INC.
- **Address:** 35550 COUNTY ROAD 185, SAUK CENTRE, MN, 56378-8310
- **NAICS:** 112120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Utilities:** $20K
- **Jobs reported:** 20
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*