# PPP loan: DUTCH AMERICAN FOODS, INC.
> **$2.43M** approved 04/14/2020 · Paid in Full · Loan `7367027107`
## Borrower
- **Name:** DUTCH AMERICAN FOODS, INC.
- **Address:** 1362 Dutch American Way, Beecher, IL, 60401
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.43M
- **Initial approval:** $2.43M
- **Forgiven:** $2.46M (101%)
- **Forgiveness date:** 07/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.32M
- **Health care:** $112K
- **Jobs reported:** 280
## Lender
- **Originating:** Providence Bank & Trust
- **Servicing:** Providence Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*