# PPP loan: DAVE SYVERSON, INC.
> **$1.46M** approved 04/11/2020 · Paid in Full · Loan `2761137100`
## Borrower
- **Name:** DAVE SYVERSON, INC.
- **Address:** 2310 E MAIN ST, ALBERT LEA, MN, 56007-3923
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Mortgage interest:** $20K
- **Utilities:** $5K
- **Debt interest:** $100K
- **Jobs reported:** 111
## Lender
- **Originating:** Arcadian Bank
- **Servicing:** Arcadian Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*