# PPP loan: SCHAFER FARMS OF GOODHUE INC.
> **$170K** approved 03/15/2021 · Paid in Full · Loan `2394178606`
## Borrower
- **Name:** SCHAFER FARMS OF GOODHUE INC.
- **Address:** 24285 370th St, Goodhue, MN, 55027-8630
- **NAICS:** 112210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Compeer Financial, ACA
- **Servicing:** Compeer Financial, ACA (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*