# PPP loan: KASELLA CONCRETE, INC.
> **$600K** approved 04/03/2020 · Paid in Full · Loan `4548617004`
## Borrower
- **Name:** KASELLA CONCRETE, INC.
- **Address:** 6191 330th AVE, PIERZ, MN, 56364-4210
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $604K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $60K
- **Utilities:** $30K
- **Jobs reported:** 36
## Lender
- **Originating:** Pine Country Bank
- **Servicing:** Pine Country Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*