# PPP loan: FECHTEL BEVERAGE AND SALES INC
> **$544K** approved 04/09/2020 · Paid in Full · Loan `9870757001`
## Borrower
- **Name:** FECHTEL BEVERAGE AND SALES INC
- **Address:** 425 W ELM ST, JEFFERSON CITY, MO, 65101-1648
- **NAICS:** 424820
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $244K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $436K
- **Rent:** $54K
- **Utilities:** $54K
- **Jobs reported:** 66
## Lender
- **Originating:** Hawthorn Bank
- **Servicing:** Hawthorn Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*