# PPP loan: NORSWISS FARMS, INC.
> **$308K** approved 04/09/2020 · Paid in Full · Loan `9427337010`
## Borrower
- **Name:** NORSWISS FARMS, INC.
- **Address:** 1563 19th Ave, RICE LAKE, WI, 54868-9571
- **NAICS:** 112120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $313K (102%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Mortgage interest:** $62K
- **Jobs reported:** 29
## Lender
- **Originating:** Compeer Financial, ACA
- **Servicing:** Compeer Financial, ACA (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*