# PPP loan: FOOD INGREDIENTS, INC.
> **$468K** approved 04/09/2020 · Paid in Full · Loan `9785877008`
## Borrower
- **Name:** FOOD INGREDIENTS, INC.
- **Address:** 2100 Airport Road 0.0, Waukesha, WI, 53188-2454
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $468K
- **Initial approval:** $468K
- **Forgiven:** $474K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Rent:** $16K
- **Utilities:** $4K
- **Health care:** $57K
- **Debt interest:** $22K
- **Jobs reported:** 20
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*