# PPP loan: HOVERSON FARMS
> **$665K** approved 02/25/2021 · Paid in Full · Loan `4384748508`
## Borrower
- **Name:** HOVERSON FARMS
- **Address:** 1895 37th St NE, Larimore, ND, 58251-9713
- **NAICS:** 111211
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $665K
- **Initial approval:** $665K
- **Forgiven:** $671K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $665K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*