# PPP loan: JENSEN AGENCY, INC.
> **$262K** approved 04/13/2020 · Paid in Full · Loan `4534547104`
## Borrower
- **Name:** JENSEN AGENCY, INC.
- **Address:** 307 N 16TH ST, BERESFORD, SD, 57004-1501
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $22K
- **Mortgage interest:** $22K
- **Utilities:** $22K
- **Jobs reported:** 18
## Lender
- **Originating:** First Dakota National Bank
- **Servicing:** First Dakota National Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*