# PPP loan: TC AMERICAN CRANE COMPANY
> **$1.07M** approved 03/17/2021 · Paid in Full · Loan `3867288610`
## Borrower
- **Name:** TC AMERICAN CRANE COMPANY
- **Address:** 11110 Industrial Cir NW Ste A, Elk River, MN, 55330-4751
- **NAICS:** 333923
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.07M (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.07M
- **Utilities:** $1
- **Jobs reported:** 296
## 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*