# PPP loan: KNUD NIELSEN COMPANY INC
> **$378K** approved 04/09/2020 · Paid in Full · Loan `8894537005`
## Borrower
- **Name:** KNUD NIELSEN COMPANY INC
- **Address:** 217 Park ST, EVERGREEN, AL, 36401-2903
- **NAICS:** 325414
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $302K
- **Mortgage interest:** $56K
- **Utilities:** $20K
- **Jobs reported:** 44
## Lender
- **Originating:** Bank of Evergreen
- **Servicing:** Bank of Evergreen (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*