# PPP loan: PERMAC INDUSTRIES
> **$400K** approved 04/04/2020 · Paid in Full · Loan `4949897008`
## Borrower
- **Name:** PERMAC INDUSTRIES
- **Address:** 14401 EWING AVE, BURNSVILLE, MN, 55306-4889
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 30
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*