# PPP loan: BELTRAMI INDUSTRIAL SERVICES, INC.
> **$206K** approved 04/04/2020 · Paid in Full · Loan `4708977007`
## Borrower
- **Name:** BELTRAMI INDUSTRIAL SERVICES, INC.
- **Address:** 12297 HIGHWAY 2, SOLWAY, MN, 56678-4346
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $219K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Utilities:** $11K
- **Health care:** $25K
- **Jobs reported:** 19
## Lender
- **Originating:** Security Bank USA
- **Servicing:** Security Bank USA (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*