# PPP loan: RHINO CONTRACTING INC.
> **$210K** approved 04/12/2020 · Paid in Full · Loan `3800377100`
## Borrower
- **Name:** RHINO CONTRACTING INC.
- **Address:** 1003 S 48th St, GRAND FORKS, ND, 58208-3827
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $210K
- **Initial approval:** $210K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Rent:** $26K
- **Utilities:** $26K
- **Jobs reported:** 37
## 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*