# PPP loan: ANGELI FOODS COMPANY
> **$526K** approved 04/08/2020 · Paid in Full · Loan `8054847001`
## Borrower
- **Name:** ANGELI FOODS COMPANY
- **Address:** 833 RIVERSIDE PLAZA, IRON RIVER, MI, 49935-1527
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $529K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $473K
- **Utilities:** $53K
- **Jobs reported:** 70
## Lender
- **Originating:** First National Bank & Trust Co
- **Servicing:** First National Bank & Trust Co (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*