# PPP loan: REDEKER DAIRY EQUIPMENT, INC.
> **$270K** approved 04/14/2020 · Paid in Full · Loan `6249657102`
## Borrower
- **Name:** REDEKER DAIRY EQUIPMENT, INC.
- **Address:** W12287 Liner Road, BRANDON, WI, 53919
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Rent:** $14K
- **Utilities:** $1K
- **Jobs reported:** 20
## Lender
- **Originating:** National Exchange Bank and Trust
- **Servicing:** National Exchange Bank and Trust (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*