# PPP loan: BENOIT CORPORATION
> **$414K** approved 04/04/2020 · Paid in Full · Loan `5004017008`
## Borrower
- **Name:** BENOIT CORPORATION
- **Address:** 4051 Gateway Drive, GRAND FORKS, ND, 58203-0833
- **NAICS:** 561740
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $414K
- **Initial approval:** $414K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $414K
- **Jobs reported:** 48
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*