# PPP loan: PIRAGIS NORTHWOODS COMPANY
> **$228K** approved 04/27/2020 · Paid in Full · Loan `4425377200`
## Borrower
- **Name:** PIRAGIS NORTHWOODS COMPANY
- **Address:** 105 N Central Ave, ELY, MN, 55731-1210
- **NAICS:** 423910
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Mortgage interest:** $34K
- **Utilities:** $23K
- **Jobs reported:** 23
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*