# PPP loan: KARVONEN & SON INC
> **$203K** approved 04/05/2020 · Paid in Full · Loan `5193127004`
## Borrower
- **Name:** KARVONEN & SON INC
- **Address:** 151 W Main Street, PERHAM, MN, 56573-1432
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $176K (87%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 21
## 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*