# PPP loan: ENGELSMA CONSTRUCTION, INC.
> **$557K** approved 01/19/2021 · Paid in Full · Loan `1575358301`
## Borrower
- **Name:** ENGELSMA CONSTRUCTION, INC.
- **Address:** 7119 31st Ave N, Minneapolis, MN, 55427-2888
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $559K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $557K
- **Jobs reported:** 28
## Lender
- **Originating:** Platinum Bank
- **Servicing:** Platinum Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*