# PPP loan: MEIBORG, INC
> **$177K** approved 04/07/2020 · Paid in Full · Loan `6565597001`
## Borrower
- **Name:** MEIBORG, INC
- **Address:** 509 COMMERCIAL AVE, GREEN LAKE, WI, 54941-8824
- **NAICS:** 441222
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $16K
- **Utilities:** $6K
- **Debt interest:** $5K
- **Jobs reported:** 20
## Lender
- **Originating:** National Exchange Bank and Trust
- **Servicing:** National Exchange Bank and Trust (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*