# PPP loan: CORCHRAN INC. EMPLOYEE STOCK PLAN & TRUST
> **$388K** approved 04/13/2020 · Paid in Full · Loan `5585997104`
## Borrower
- **Name:** CORCHRAN INC. EMPLOYEE STOCK PLAN & TRUST
- **Address:** 1340 State St S, Waseca, MN, 56093-2708
- **NAICS:** 332999
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 36
## Lender
- **Originating:** CRF Small Business Loan Company, LLC
- **Servicing:** CRF Small Business Loan Company, LLC (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*