# PPP loan: ANDERSON CUSTOM PROCESSING, INC
> **$1.20M** approved 05/28/2020 · Paid in Full · Loan `4618357800`
## Borrower
- **Name:** ANDERSON CUSTOM PROCESSING, INC
- **Address:** 200 Lindbergh Drive S, LITTLE FALLS, MN, 56345-1310
- **NAICS:** 311423
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Utilities:** $300K
- **Jobs reported:** 76
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*