# PPP loan: DE GROOT, INC.
> **$532K** approved 04/07/2020 · Paid in Full · Loan `6562357004`
## Borrower
- **Name:** DE GROOT, INC.
- **Address:** 4201 CHAMPION RD, GREEN BAY, WI, 54311-9794
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Rent:** $60K
- **Mortgage interest:** $2K
- **Utilities:** $44K
- **Jobs reported:** 25
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*