# PPP loan: CHRISTENSEN BROS., INC
> **$423K** approved 04/05/2020 · Paid in Full · Loan `5448807010`
## Borrower
- **Name:** CHRISTENSEN BROS., INC
- **Address:** 644 South River Road, CHEROKEE, IA, 51012-2301
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $423K
- **Jobs reported:** 26
## Lender
- **Originating:** Cherokee State Bank
- **Servicing:** Cherokee State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*