# PPP loan: BEEMSTERBOER SLAG CORP.
> **$1.86M** approved 04/06/2020 · Paid in Full · Loan `6297007002`
## Borrower
- **Name:** BEEMSTERBOER SLAG CORP.
- **Address:** 3411 Sheffield Ave, HAMMOND, IN, 46327-1004
- **NAICS:** 327992
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Mortgage interest:** $233K
- **Utilities:** $233K
- **Jobs reported:** 94
## Lender
- **Originating:** Beverly Bank & Trust Company, National Association
- **Servicing:** Beverly Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*