# PPP loan: THE MAINTENANCE TEAM, INC.
> **$420K** approved 04/11/2020 · Paid in Full · Loan `3537407109`
## Borrower
- **Name:** THE MAINTENANCE TEAM, INC.
- **Address:** 10250 Valley View Rd Suite 133, EDEN PRAIRIE, MN, 55344-3519
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Rent:** $6K
- **Utilities:** $1K
- **Health care:** $40K
- **Jobs reported:** 36
## 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*