# PPP loan: FARMER'S MILL & ELEVATOR INC
> **$422K** approved 04/08/2020 · Paid in Full · Loan `8131117010`
## Borrower
- **Name:** FARMER'S MILL & ELEVATOR INC
- **Address:** PO BOX 488, CASTLE ROCK, MN, 55010
- **NAICS:** 115116
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Rent:** $36K
- **Utilities:** $8K
- **Health care:** $40K
- **Jobs reported:** 29
## Lender
- **Originating:** Castle Rock Bank
- **Servicing:** Castle Rock Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*