# PPP loan: DRIESSEN WATER INC
> **$3.50M** approved 04/06/2020 · Paid in Full · Loan `5758967007`
## Borrower
- **Name:** DRIESSEN WATER INC
- **Address:** 110 W Fremont St, OWATONNA, MN, 55060-2328
- **NAICS:** 444190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.50M
- **Initial approval:** $3.50M
- **Forgiven:** $3.55M (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.50M
- **Jobs reported:** 295
## 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*