# PPP loan: CHANDLER FEED COMPANY
> **$876K** approved 04/07/2020 · Paid in Full · Loan `7217327010`
## Borrower
- **Name:** CHANDLER FEED COMPANY
- **Address:** 741 VALLEY RD, CHANDLER, MN, 56122-1188
- **NAICS:** 115210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $876K
- **Initial approval:** $876K
- **Forgiven:** $882K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $67K
- **Utilities:** $10K
- **Jobs reported:** 55
## Lender
- **Originating:** First State Bank Southwest
- **Servicing:** First State Bank Southwest (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*