# PPP loan: NORD EXCAVATING, INC.
> **$268K** approved 05/08/2020 · Paid in Full · Loan `4074927403`
## Borrower
- **Name:** NORD EXCAVATING, INC.
- **Address:** 15265 209TH AVE, ELK RIVER, MN, 55330-9079
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 18
## Lender
- **Originating:** The Bank of Elk River
- **Servicing:** The Bank of Elk River (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*