# PPP loan: STAPLE FOOD CORP
> **$174K** approved 04/14/2020 · Paid in Full · Loan `7062207101`
## Borrower
- **Name:** STAPLE FOOD CORP
- **Address:** 1230 US 10 E, STAPLES, MN, 56479-2367
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 38
## Lender
- **Originating:** Wadena State Bank
- **Servicing:** Wadena State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*