# PPP loan: GENE'S FOODS, INC
> **$198K** approved 04/08/2020 · Paid in Full · Loan `7934347008`
## Borrower
- **Name:** GENE'S FOODS, INC
- **Address:** 431 E Hwy 61 - 340, GRAND MARAIS, MN, 55604-0001
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 20
## Lender
- **Originating:** Grand Marais State Bank
- **Servicing:** Grand Marais State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*