# PPP loan: PEOPLES EXPRESS, INC.
> **$172K** approved 04/05/2020 · Paid in Full · Loan `5233687003`
## Borrower
- **Name:** PEOPLES EXPRESS, INC.
- **Address:** 12180 Highway 10 East, WADENA, MN, 56482-3125
- **NAICS:** 485320
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 31
## Lender
- **Originating:** Wadena State Bank
- **Servicing:** Wadena State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*