# PPP loan: NAVY ISLAND, INC.
> **$1.11M** approved 04/15/2020 · Paid in Full · Loan `1184867210`
## Borrower
- **Name:** NAVY ISLAND, INC.
- **Address:** 275 Marie Ave, SAINT PAUL, MN, 55118
- **NAICS:** 321211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $830K
- **Rent:** $69K
- **Mortgage interest:** $69K
- **Utilities:** $69K
- **Health care:** $69K
- **Jobs reported:** 120
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*