# PPP loan: NEW HEIGHTS DAIRY, LLC
> **$505K** approved 04/04/2020 · Paid in Full · Loan `4937377008`
## Borrower
- **Name:** NEW HEIGHTS DAIRY, LLC
- **Address:** 3145 155TH ST NW, RICE, MN, 56367-8705
- **NAICS:** 112120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $509K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 45
## Lender
- **Originating:** Farmers and Merchants State Bank of Pierz
- **Servicing:** Farmers and Merchants State Bank of Pierz (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*