# PPP loan: CLOVERDALE FOODS COMPANY
> **$3.66M** approved 04/06/2020 · Paid in Full · Loan `6044397005`
## Borrower
- **Name:** CLOVERDALE FOODS COMPANY
- **Address:** 3015 34TH ST, MANDAN, ND, 58554-1312
- **NAICS:** 311612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.66M
- **Initial approval:** $3.66M
- **Forgiven:** $3.70M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.23M
- **Rent:** $74K
- **Mortgage interest:** $157K
- **Utilities:** $194K
- **Jobs reported:** 397
## Lender
- **Originating:** First International Bank & Trust
- **Servicing:** First International Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*