# PPP loan: HERON LAKE BIOENERGY LLC
> **$596K** approved 04/09/2020 · Paid in Full · Loan `9842697010`
## Borrower
- **Name:** HERON LAKE BIOENERGY LLC
- **Address:** 91246 390TH AVENUE, HERON LAKE, MN, 56137-3175
- **NAICS:** 325193
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $596K
- **Initial approval:** $596K
- **Forgiven:** $601K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $477K
- **Mortgage interest:** $60K
- **Utilities:** $60K
- **Jobs reported:** 40
## 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*