# PPP loan: SERVICE FOOD INC
> **$517K** approved 04/06/2020 · Paid in Full · Loan `5862127002`
## Borrower
- **Name:** SERVICE FOOD INC
- **Address:** 321 WEST LINCOLN AVE, FERGUS FALLS, MN, 56537-2026
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Utilities:** $103K
- **Jobs reported:** 120
## Lender
- **Originating:** American Federal Bank
- **Servicing:** American Federal Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*