# PPP loan: PLATECO INC
> **$589K** approved 04/12/2020 · Paid in Full · Loan `4082457110`
## Borrower
- **Name:** PLATECO INC
- **Address:** 1375 INDUSTRIAL ST, REEDSBURG, WI, 53959-2139
- **NAICS:** 332813
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $589K
- **Initial approval:** $589K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $589K
- **Jobs reported:** 57
## Lender
- **Originating:** Associated Bank, National Association
- **Servicing:** Associated Bank, National Association (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*