# PPP loan: DINKEL IMPLEMENT CO NORFOLK
> **$483K** approved 04/03/2020 · Paid in Full · Loan `4534017000`
## Borrower
- **Name:** DINKEL IMPLEMENT CO NORFOLK
- **Address:** 3615 W NORFOLK AVE, NORFOLK, NE, 68701-4417
- **NAICS:** 423820
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Rent:** $43K
- **Utilities:** $15K
- **Jobs reported:** 31
## Lender
- **Originating:** Elkhorn Valley Bank & Trust
- **Servicing:** Elkhorn Valley Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*