# PPP loan: AGRI-SYSTEMS/SYSTEMS WEST, INC.
> **$340K** approved 04/07/2020 · Paid in Full · Loan `6896047005`
## Borrower
- **Name:** AGRI-SYSTEMS/SYSTEMS WEST, INC.
- **Address:** 24054 MN HWY 22, LITCHFIELD, MN, 55355
- **NAICS:** 238190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $340K
- **Initial approval:** $340K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Rent:** $20K
- **Utilities:** $5K
- **Health care:** $21K
- **Jobs reported:** 20
## Lender
- **Originating:** Perennial Bank
- **Servicing:** Perennial Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*