# PPP loan: POLKA DOT DAIRY, INC.
> **$371K** approved 04/04/2020 · Paid in Full · Loan `4763847006`
## Borrower
- **Name:** POLKA DOT DAIRY, INC.
- **Address:** 110 East 17th Street, HASTINGS, MN, 55033
- **NAICS:** 424430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Rent:** $19K
- **Utilities:** $4K
- **Health care:** $30K
- **Debt interest:** $13K
- **Jobs reported:** 28
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*