# PPP loan: MJ CAPELLI INC
> **$681K** approved 02/03/2021 · Paid in Full · Loan `2061658403`
## Borrower
- **Name:** MJ CAPELLI INC
- **Address:** 3101 13th Ave S, Fargo, ND, 58103-3506
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $681K
- **Initial approval:** $681K
- **Forgiven:** $627K (92%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $681K
- **Utilities:** $1
- **Jobs reported:** 92
## 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*