# PPP loan: DA-RAN INC.
> **$198K** approved 04/11/2020 · Paid in Full · Loan `2728367108`
## Borrower
- **Name:** DA-RAN INC.
- **Address:** 12280 255th Ave NW, PO BOX 284, ZIMMERMAN, MN, 55398-0284
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $235K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Utilities:** $30K
- **Jobs reported:** 25
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*