# PPP loan: BORKGREN FARMS, LLC
> **$253K** approved 04/30/2020 · Paid in Full · Loan `6426367307`
## Borrower
- **Name:** BORKGREN FARMS, LLC
- **Address:** 375 SW 5th St, Woodhull, IL, 61490
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Utilities:** $4K
- **Jobs reported:** 26
## Lender
- **Originating:** Farmers State Bank of Western Illinois
- **Servicing:** Farmers State Bank of Western Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*