# PPP loan: ANCONA ESCROW, INC.
> **$901K** approved 04/28/2020 · Paid in Full · Loan `1644207300`
## Borrower
- **Name:** ANCONA ESCROW, INC.
- **Address:** 4750 WHITE BEAR PARKWAY, WHITE BEAR LAKE, MN, 55110
- **NAICS:** 524127
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $901K
- **Initial approval:** $901K
- **Forgiven:** $905K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $676K
- **Mortgage interest:** $90K
- **Utilities:** $45K
- **Health care:** $90K
- **Jobs reported:** 71
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*