# PPP loan: THIELEN MOTORS INC
> **$275K** approved 04/03/2020 · Paid in Full · Loan `4512487000`
## Borrower
- **Name:** THIELEN MOTORS INC
- **Address:** 909   1ST ST e, PARK RAPIDS, MN, 56470-1710
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 30
## Lender
- **Originating:** The Citizens National Bank of Park Rapids
- **Servicing:** The Citizens National Bank of Park Rapids (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*