# PPP loan: FAIRWAY COLLISION CENTER, INC
> **$490K** approved 04/13/2020 · Paid in Full · Loan `4935147103`
## Borrower
- **Name:** FAIRWAY COLLISION CENTER, INC
- **Address:** 125 E County Rd F, Vandnais Heights, MN, 55127-6933
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Utilities:** $122K
- **Jobs reported:** 30
## 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*