# PPP loan: ELLINGSON DRAINAGE INC
> **$4.76M** approved 04/04/2020 · Paid in Full · Loan `4795297001`
## Borrower
- **Name:** ELLINGSON DRAINAGE INC
- **Address:** 56113 State Hwy 56, WEST CONCORD, MN, 55985-4663
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.76M
- **Initial approval:** $4.76M
- **Forgiven:** $4.81M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.76M
- **Jobs reported:** 234
## Lender
- **Originating:** United Prairie Bank
- **Servicing:** United Prairie Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*