# PPP loan: COPPERHEAD INDUSTRIES LLC
> **$240K** approved 04/11/2020 · Paid in Full · Loan `2850837100`
## Borrower
- **Name:** COPPERHEAD INDUSTRIES LLC
- **Address:** 9530 Fallon Ave NE, MONTICELLO, MN, 55362-8315
- **NAICS:** 423610
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $192K
- **Health care:** $48K
- **Jobs reported:** 15
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*