# PPP loan: WASCHKE FAMILY GM CENTER, INC.
> **$163K** approved 04/10/2020 · Paid in Full · Loan `1735297104`
## Borrower
- **Name:** WASCHKE FAMILY GM CENTER, INC.
- **Address:** 2300 HIGHWAY 53 SOUTH, INTERNATIONAL FALLS, MN, 56649-4012
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Mortgage interest:** $8K
- **Utilities:** $8K
- **Jobs reported:** 16
## Lender
- **Originating:** Northern State Bank of Virginia
- **Servicing:** Northern State Bank of Virginia (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*