# PPP loan: FRIESEN'S INC.
> **$1.35M** approved 03/06/2021 · Paid in Full · Loan `7436818501`
## Borrower
- **Name:** FRIESEN'S INC.
- **Address:** 1389 Cormorant Ave, Detroit Lakes, MN, 56501-6970
- **NAICS:** 333999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 104
## Lender
- **Originating:** Midwest Bank
- **Servicing:** Midwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*