# PPP loan: HOVERSON FARMS
> **$484K** approved 04/05/2020 · Paid in Full · Loan `5486227003`
## Borrower
- **Name:** HOVERSON FARMS
- **Address:** 1895 37th St NE, LARIMORE, ND, 58251-9713
- **NAICS:** 111211
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $484K
- **Jobs reported:** 33
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*