# PPP loan: PADELFORD PACKET BOAT COMPANY INC.
> **$222K** approved 01/17/2021 · Paid in Full · Loan `1417618301`
## Borrower
- **Name:** PADELFORD PACKET BOAT COMPANY INC.
- **Address:** 205 Dr Justus Ohange Blvd, Saint Paul, MN, 55107
- **NAICS:** 487210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $222K
- **Initial approval:** $222K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $222K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Drake Bank
- **Servicing:** Drake Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*