# PPP loan: J & L HENNUM
> **$284K** approved 02/02/2021 · Paid in Full · Loan `1874938407`
## Borrower
- **Name:** J & L HENNUM
- **Address:** 3244 Bur Oak Rd NW, Baudette, MN, 56623-8849
- **NAICS:** 713930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $285K (100%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $284K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Ultima Bank Minnesota
- **Servicing:** Ultima Bank Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*