# PPP loan: INDUSTRIAL FABRICATION SERVICES INC
> **$989K** approved 02/05/2021 · Paid in Full · Loan `3670978405`
## Borrower
- **Name:** INDUSTRIAL FABRICATION SERVICES INC
- **Address:** 460 Commerce St, Lake Crystal, MN, 56055-4589
- **NAICS:** 332313
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $989K
- **Initial approval:** $989K
- **Forgiven:** $998K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $989K
- **Utilities:** $1
- **Jobs reported:** 88
## Lender
- **Originating:** MinnStar Bank National Association
- **Servicing:** MinnStar Bank National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*