# PPP loan: OSAKIS CREAMERY ASSOCIATION
> **$222K** approved 04/14/2020 · Paid in Full · Loan `6467657100`
## Borrower
- **Name:** OSAKIS CREAMERY ASSOCIATION
- **Address:** 4001 State Highway 27, Osakis, MN, 56360
- **NAICS:** 115116
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $34K
- **Jobs reported:** 18
## Lender
- **Originating:** The First National Bank of Osakis
- **Servicing:** The First National Bank of Osakis (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*