# PPP loan: GRINDSTONE CONSTRUCTION SERVICES INC
> **$267K** approved 01/25/2021 · Paid in Full · Loan `5168938310`
## Borrower
- **Name:** GRINDSTONE CONSTRUCTION SERVICES INC
- **Address:** 300 Brighton Ave S, Buffalo, MN, 55313-2303
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 02/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $267K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Minnesota Lakes Bank
- **Servicing:** Minnesota Lakes Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*