# PPP loan: EMERALDS AT FARIBAULT LLC
> **$796K** approved 05/05/2020 · Paid in Full · Loan `2450497400`
## Borrower
- **Name:** EMERALDS AT FARIBAULT LLC
- **Address:** 500 1st St SE, Faribault, MN, 55021-6346
- **NAICS:** 623110
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $796K
- **Initial approval:** $871K
- **Forgiven:** $806K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $796K
- **Jobs reported:** 105
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*