# PPP loan: SCHLICHTING FARMS INC.
> **$155K** approved 02/25/2021 · Paid in Full · Loan `4359168509`
## Borrower
- **Name:** SCHLICHTING FARMS INC.
- **Address:** 3001 145th St NW, Rice, MN, 56367-9794
- **NAICS:** 112210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (100%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 11
## Lender
- **Originating:** Falcon National Bank
- **Servicing:** Falcon National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*