# PPP loan: HOLMES CORPORATION
> **$1.16M** approved 04/05/2020 · Paid in Full · Loan `5225227005`
## Borrower
- **Name:** HOLMES CORPORATION
- **Address:** 2975 LONE OAK DRIVE, EAGAN, MN, 55121-1425
- **NAICS:** 611710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 73
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*