# PPP loan: WENDELL'S  INCORPORATED
> **$429K** approved 04/06/2020 · Paid in Full · Loan `5825697010`
## Borrower
- **Name:** WENDELL'S  INCORPORATED
- **Address:** 6601 BUNKER LAKE BLVD, Andover, MN, 55303-5410
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $434K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $336K
- **Rent:** $42K
- **Mortgage interest:** $11K
- **Utilities:** $7K
- **Health care:** $34K
- **Jobs reported:** 32
## Lender
- **Originating:** Minnesota Lakes Bank
- **Servicing:** Minnesota Lakes Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*