# PPP loan: SHANE ERICKSON INC
> **$178K** approved 04/10/2020 · Paid in Full · Loan `2555357106`
## Borrower
- **Name:** SHANE ERICKSON INC
- **Address:** 4284 Shoreline Drive, SPRING PARK, MN, 55384-9652
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $133K
- **Mortgage interest:** $11K
- **Utilities:** $11K
- **Health care:** $11K
- **Debt interest:** $11K
- **Jobs reported:** 16
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*