# PPP loan: CONDUCTOR POWER LLC
> **$498K** approved 01/19/2021 · Paid in Full · Loan `1583518301`
## Borrower
- **Name:** CONDUCTOR POWER LLC
- **Address:** 4993 Gull Lake Dam Rd, Brainerd, MN, 56401-7905
- **NAICS:** 237130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $500K (100%)
- **Forgiveness date:** 07/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $497K
- **Utilities:** $1
- **Jobs reported:** 50
## Lender
- **Originating:** Midwest Bank
- **Servicing:** Midwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*