# PPP loan: FELLING TRAILERS, INC.
> **$3.40M** approved 04/05/2020 · Paid in Full · Loan `5143867005`
## Borrower
- **Name:** FELLING TRAILERS, INC.
- **Address:** 1525 Main St S, SAUK CENTRE, MN, 56378-2600
- **NAICS:** 333249
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.40M
- **Initial approval:** $3.40M
- **Forgiven:** $3.44M (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.72M
- **Rent:** $392K
- **Utilities:** $244K
- **Debt interest:** $44K
- **Jobs reported:** 250
## Lender
- **Originating:** First State Bank of Sauk Centre
- **Servicing:** First State Bank of Sauk Centre (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*