# PPP loan: TORKELSON CHEESE CO.
> **$228K** approved 04/14/2020 · Paid in Full · Loan `5886527107`
## Borrower
- **Name:** TORKELSON CHEESE CO.
- **Address:** 9453 W Louisa Rd, LENA, IL, 61048
- **NAICS:** 311513
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Health care:** $11K
- **Jobs reported:** 29
## Lender
- **Originating:** The Greenwood's State Bank
- **Servicing:** The Greenwood's State Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*