# PPP loan: ENGELSON AND ASSOCIATES LTD
> **$209K** approved 04/04/2020 · Paid in Full · Loan `4602847005`
## Borrower
- **Name:** ENGELSON AND ASSOCIATES LTD
- **Address:** 3317 MORMON COULEE ROAD, LA CROSSE, WI, 54601-6749
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $33K
- **Jobs reported:** 16
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*