# PPP loan: FIRST CLASS MORTGAGE V, INC.
> **$238K** approved 04/16/2020 · Paid in Full · Loan `2397187205`
## Borrower
- **Name:** FIRST CLASS MORTGAGE V, INC.
- **Address:** 12906 63rd Avenue North, Maple Grove, MN, 55369
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $241K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Jobs reported:** 21
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*