# PPP loan: EMERITUS CORPORATION
> **$205K** approved 06/24/2020 · Paid in Full · Loan `2898688000`
## Borrower
- **Name:** EMERITUS CORPORATION
- **Address:** 6105 150TH ST N, HUGO, MN, 55038-8448
- **NAICS:** 621330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 13
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*