# PPP loan: R.W. FERNSTRUM & COMPANY
> **$408K** approved 04/11/2020 · Paid in Full · Loan `3008667100`
## Borrower
- **Name:** R.W. FERNSTRUM & COMPANY
- **Address:** 1716 11th Avenue, MENOMINEE, MI, 49858-2500
- **NAICS:** 334519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $478K
- **Forgiven:** $410K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Jobs reported:** 35
## Lender
- **Originating:** The Stephenson National Bank and Trust
- **Servicing:** The Stephenson National Bank and Trust (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*