# PPP loan: MARTINSEN'S HOME CENTER
> **$162K** approved 04/10/2020 · Paid in Full · Loan `1613317110`
## Borrower
- **Name:** MARTINSEN'S HOME CENTER
- **Address:** 1015 Main Street, LISBON, ND, 58054-4336
- **NAICS:** 444130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Utilities:** $32K
- **Jobs reported:** 18
## Lender
- **Originating:** Stock Growers Bank
- **Servicing:** Stock Growers Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*