# PPP loan: A-ABC APPLIANCE & HEATING, INC.
> **$988K** approved 04/11/2020 · Paid in Full · Loan `3381207100`
## Borrower
- **Name:** A-ABC APPLIANCE & HEATING, INC.
- **Address:** 8818 7th Ave N, MINNEAPOLIS, MN, 55427-4315
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $988K
- **Initial approval:** $988K
- **Forgiven:** $999K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $741K
- **Utilities:** $247K
- **Jobs reported:** 76
## 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*