# PPP loan: PARAGON FREIGHT SYSTEMS LLC
> **$237K** approved 01/23/2021 · Paid in Full · Loan `4792808305`
## Borrower
- **Name:** PARAGON FREIGHT SYSTEMS LLC
- **Address:** 30233 State Highway 92 SE, Trail, MN, 56684-4064
- **NAICS:** 484121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Ultima Bank Minnesota
- **Servicing:** Ultima Bank Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*