# PPP loan: FIRST AMERICAN ENTERPRISES INC
> **$419K** approved 04/07/2020 · Paid in Full · Loan `6961877004`
## Borrower
- **Name:** FIRST AMERICAN ENTERPRISES INC
- **Address:** 1016 LAKESHORE DR, RICE LAKE, WI, 54868-1225
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $345K
- **Mortgage interest:** $3K
- **Utilities:** $30K
- **Health care:** $40K
- **Jobs reported:** 61
## Lender
- **Originating:** Security Bank and Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*