# PPP loan: J & L HENNUM, INC
> **$297K** approved 04/08/2020 · Paid in Full · Loan `8075997010`
## Borrower
- **Name:** J & L HENNUM, INC
- **Address:** 3244 BUR OAK RD, BAUDETTE, MN, 56623-8849
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 6
## Lender
- **Originating:** Ultima Bank Minnesota
- **Servicing:** Ultima Bank Minnesota (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*