# PPP loan: BEEF HOUSE INC
> **$409K** approved 04/10/2020 · Paid in Full · Loan `2087837106`
## Borrower
- **Name:** BEEF HOUSE INC
- **Address:** 16501 N State Rd 63, COVINGTON, IN, 47932
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $8K
- **Utilities:** $22K
- **Jobs reported:** 71
## Lender
- **Originating:** The Fountain Trust Company
- **Servicing:** The Fountain Trust Company (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*