# PPP loan: SPENSLEY FEED SALES INC
> **$160K** approved 04/07/2020 · Paid in Full · Loan `7382867001`
## Borrower
- **Name:** SPENSLEY FEED SALES INC
- **Address:** 425 N Mound Ave, BELMONT, WI, 53510-9511
- **NAICS:** 311119
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 11
## Lender
- **Originating:** Mound City Bank
- **Servicing:** Mound City Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*