# PPP loan: OLSEN CUSTOM FARMS LLC
> **$568K** approved 04/06/2020 · Paid in Full · Loan `6066937002`
## Borrower
- **Name:** OLSEN CUSTOM FARMS LLC
- **Address:** 1355 300th St, HENDRICKS, MN, 56136-4142
- **NAICS:** 111150
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $316K
- **Forgiven:** $571K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $454K
- **Rent:** $23K
- **Mortgage interest:** $23K
- **Utilities:** $23K
- **Health care:** $23K
- **Debt interest:** $23K
- **Jobs reported:** 45
## Lender
- **Originating:** Americana Community Bank
- **Servicing:** Americana Community Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*