# PPP loan: TOM LOUCKS AND ASSOCIATES, INC.
> **$947K** approved 04/13/2020 · Paid in Full · Loan `4865727104`
## Borrower
- **Name:** TOM LOUCKS AND ASSOCIATES, INC.
- **Address:** 7200 HEMLOCK LANE SUITE 300, MAPLE GROVE, MN, 55369-5592
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $947K
- **Initial approval:** $947K
- **Forgiven:** $956K (101%)
- **Forgiveness date:** 04/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $710K
- **Utilities:** $237K
- **Jobs reported:** 49
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*