# PPP loan: GORTERS CLAY & DAIRY EQUIPMENT OF MN, INC
> **$187K** approved 04/15/2020 · Paid in Full · Loan `8712397109`
## Borrower
- **Name:** GORTERS CLAY & DAIRY EQUIPMENT OF MN, INC
- **Address:** 1400 7TH ST SE PO Box786, PIPESTONE, MN, 56164-2292
- **NAICS:** 115210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Jobs reported:** 22
## Lender
- **Originating:** First Farmers & Merchants National Bank
- **Servicing:** First Farmers & Merchants National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*