# PPP loan: CLASSIC FOODS LTD.
> **$272K** approved 04/14/2020 · Paid in Full · Loan `7770477102`
## Borrower
- **Name:** CLASSIC FOODS LTD.
- **Address:** 405 S 7th St, BISMARCK, ND, 58504-5801
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Mortgage interest:** $3K
- **Utilities:** $11K
- **Jobs reported:** 59
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*