# PPP loan: STOCKNESS CONSTRUCTION, INC
> **$1.21M** approved 04/13/2020 · Paid in Full · Loan `5165987105`
## Borrower
- **Name:** STOCKNESS CONSTRUCTION, INC
- **Address:** 13427 FENWAY BLVD CIRCLE N, HUGO, MN, 55038-7451
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $910K
- **Rent:** $243K
- **Utilities:** $61K
- **Jobs reported:** 80
## Lender
- **Originating:** North Star Bank
- **Servicing:** North Star Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*