# PPP loan: DUTCHLAND DAIRY CO
> **$258K** approved 04/07/2020 · Paid in Full · Loan `7220327000`
## Borrower
- **Name:** DUTCHLAND DAIRY CO
- **Address:** 30495 465TH ST, ROLFE, IA, 50581-8553
- **NAICS:** 112120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $241K (93%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Jobs reported:** 27
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*