# PPP loan: KRUSE LUMBER, LLC
> **$195K** approved 04/04/2020 · Paid in Full · Loan `4812707007`
## Borrower
- **Name:** KRUSE LUMBER, LLC
- **Address:** 111 7TH ST NE, ROCHESTER, MN, 55906-3663
- **NAICS:** 444190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 16
## Lender
- **Originating:** Think Mutual Bank
- **Servicing:** Think Mutual Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*