# PPP loan: PARKE CORPORATION
> **$506K** approved 02/18/2021 · Paid in Full · Loan `1304248508`
## Borrower
- **Name:** PARKE CORPORATION
- **Address:** 8350 201st Ave NW, Elk River, MN, 55330-8032
- **NAICS:** 237110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $508K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $506K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** The Bank of Elk River
- **Servicing:** The Bank of Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*