# PPP loan: BUSINTEL CONSULTING
> **$986K** approved 04/04/2020 · Paid in Full · Loan `4847377004`
## Borrower
- **Name:** BUSINTEL CONSULTING
- **Address:** 5843 Neal Ave. N., STILLWATER, MN, 55082-2177
- **NAICS:** 812320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $986K
- **Initial approval:** $986K
- **Forgiven:** $991K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $740K
- **Rent:** $36K
- **Mortgage interest:** $30K
- **Utilities:** $100K
- **Health care:** $80K
- **Jobs reported:** 101
## Lender
- **Originating:** Drake Bank
- **Servicing:** Drake Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*