# PPP loan: RAGUSE FAMILY PARTNERSHIP
> **$390K** approved 02/19/2021 · Exemption 4 · Loan `1990058509`
## Borrower
- **Name:** RAGUSE FAMILY PARTNERSHIP
- **Address:** 6867 740th St, Wheaton, MN, 56296-5504
- **NAICS:** 111110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $129K (33%)
- **Forgiveness date:** 12/16/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 26
## Lender
- **Originating:** Bell Bank
- **Servicing:** Bell Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*