# PPP loan: MOUND FOODS INC.
> **$431K** approved 04/14/2020 · Paid in Full · Loan `7520087100`
## Borrower
- **Name:** MOUND FOODS INC.
- **Address:** 2131 COMMERCE BLVD, MOUND, MN, 55364-1570
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $435K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $86K
- **Utilities:** $22K
- **Jobs reported:** 68
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*