# PPP loan: LANGE AGRICULTURAL SYSTEMS, INC.
> **$385K** approved 04/03/2020 · Paid in Full · Loan `4454177002`
## Borrower
- **Name:** LANGE AGRICULTURAL SYSTEMS, INC.
- **Address:** 193 COUNTY ROAD 9 NE, WILLMAR, MN, 56201-9400
- **NAICS:** 333111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $354K
- **Rent:** $23K
- **Utilities:** $8K
- **Jobs reported:** 25
## Lender
- **Originating:** Home State Bank
- **Servicing:** Home State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*