# PPP loan: APPLEGATE, INC.
> **$1.53M** approved 04/27/2020 · Paid in Full · Loan `5469007201`
## Borrower
- **Name:** APPLEGATE, INC.
- **Address:** 485 E. South Street, JACKSON, MI, 49203-4440
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.54M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.22M
- **Mortgage interest:** $229K
- **Utilities:** $76K
- **Jobs reported:** 98
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*