# PPP loan: STEAK AMERICA INC.
> **$201K** approved 04/06/2020 · Paid in Full · Loan `5778477010`
## Borrower
- **Name:** STEAK AMERICA INC.
- **Address:** 2400 CLIFF RD, BURNSVILLE, MN, 55337-3003
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 16
## Lender
- **Originating:** Falcon National Bank
- **Servicing:** Falcon National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*