# PPP loan: SWINGEN CONSTRUCTION COMPANY
> **$858K** approved 04/15/2020 · Paid in Full · Loan `1872137207`
## Borrower
- **Name:** SWINGEN CONSTRUCTION COMPANY
- **Address:** 1437 83rd St N, GRAND FORKS, ND, 58201-3116
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $858K
- **Initial approval:** $858K
- **Forgiven:** $863K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $644K
- **Health care:** $215K
- **Jobs reported:** 112
## 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*