# PPP loan: P & R CONTRACTING, INC.
> **$522K** approved 04/05/2020 · Paid in Full · Loan `5175097004`
## Borrower
- **Name:** P & R CONTRACTING, INC.
- **Address:** 2306 W. Superior Street, DULUTH, MN, 55806-1932
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Jobs reported:** 40
## Lender
- **Originating:** National Bank of Commerce
- **Servicing:** National Bank of Commerce (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*