# PPP loan: SAELENS CORPORATION
> **$1.65M** approved 04/07/2020 · Paid in Full · Loan `7024927006`
## Borrower
- **Name:** SAELENS CORPORATION
- **Address:** 100 VETERANS DR, JOHNSON CREEK, WI, 53038-9408
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Mortgage interest:** $206K
- **Utilities:** $206K
- **Jobs reported:** 160
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*