# PPP loan: ZUPANCICH BROS. INC.
> **$464K** approved 04/10/2020 · Paid in Full · Loan `1269107106`
## Borrower
- **Name:** ZUPANCICH BROS. INC.
- **Address:** 303 East SHERIDAN ST, ELY, MN, 55731-1453
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $464K
- **Initial approval:** $1.01M
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Mortgage interest:** $45K
- **Utilities:** $23K
- **Health care:** $25K
- **Jobs reported:** 244
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*