# PPP loan: MAX GRAY CONSTRUCTION, INC.
> **$693K** approved 04/13/2020 · Paid in Full · Loan `4682437108`
## Borrower
- **Name:** MAX GRAY CONSTRUCTION, INC.
- **Address:** 2501 5TH AVE W, HIBBING, MN, 55746-2040
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $693K
- **Initial approval:** $693K
- **Forgiven:** $697K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $693K
- **Jobs reported:** 49
## Lender
- **Originating:** Grand Rapids State Bank
- **Servicing:** Grand Rapids State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*