# PPP loan: MORTENSON BROS FARMS, INC.
> **$749K** approved 04/09/2020 · Paid in Full · Loan `9557397004`
## Borrower
- **Name:** MORTENSON BROS FARMS, INC.
- **Address:** PO BOX 158, PLAINFIELD, WI, 54966
- **NAICS:** 111211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $749K
- **Initial approval:** $749K
- **Forgiven:** $755K (101%)
- **Forgiveness date:** 01/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $599K
- **Mortgage interest:** $150K
- **Jobs reported:** 59
## 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*