# PPP loan: MARK SAND & GRAVEL CO.
> **$1.27M** approved 04/16/2021 · Paid in Full · Loan `4576358808`
## Borrower
- **Name:** MARK SAND & GRAVEL CO.
- **Address:** 525 Kennedy Park Rd, Fergus Falls, MN, 56537-2423
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 88
## Lender
- **Originating:** The First National Bank of Bemidji
- **Servicing:** The First National Bank of Bemidji (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*