# PPP loan: KARCHER FOSTER SERVICES, INC.
> **$598K** approved 04/15/2020 · Paid in Full · Loan `2010377210`
## Borrower
- **Name:** KARCHER FOSTER SERVICES, INC.
- **Address:** 6551 Maine St, NORTH BRANCH, MN, 55056-7030
- **NAICS:** 623990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $598K
- **Initial approval:** $598K
- **Forgiven:** $601K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Rent:** $38K
- **Utilities:** $20K
- **Health care:** $14K
- **Jobs reported:** 80
## Lender
- **Originating:** First State Bank of Wyoming
- **Servicing:** First State Bank of Wyoming (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*