# PPP loan: LOWE'S PELLETS & GRAIN, INC
> **$475K** approved 04/10/2020 · Paid in Full · Loan `1873617102`
## Borrower
- **Name:** LOWE'S PELLETS & GRAIN, INC
- **Address:** 2372 W. State Road 46, GREENSBURG, IN, 47240
- **NAICS:** 311119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $477K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $32K
- **Utilities:** $32K
- **Debt interest:** $32K
- **Jobs reported:** 42
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*