# PPP loan: R L ENGEBRETSON HOLDING INC
> **$440K** approved 04/10/2020 · Paid in Full · Loan `1786797101`
## Borrower
- **Name:** R L ENGEBRETSON HOLDING INC
- **Address:** 15 Broadway N  Ste 205, FARGO, ND, 58102-4907
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $330K
- **Rent:** $55K
- **Utilities:** $55K
- **Jobs reported:** 27
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*