# PPP loan: HEMANN, GROVER & CO, LTD
> **$155K** approved 04/08/2020 · Paid in Full · Loan `8535847002`
## Borrower
- **Name:** HEMANN, GROVER & CO, LTD
- **Address:** 404 S MAIN STREET, ZUMBROTA, MN, 55992-1601
- **NAICS:** 541219
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 15
## Lender
- **Originating:** Frandsen Bank and Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*