# PPP loan: AEROSTICH DEVELOPMENT COMPANY LLC
> **$247K** approved 02/02/2021 · Paid in Full · Loan `1623558406`
## Borrower
- **Name:** AEROSTICH DEVELOPMENT COMPANY LLC
- **Address:** 8 S 18th Ave W, Duluth, MN, 55806-2148
- **NAICS:** 315280
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*