# PPP loan: MAYPORT FARMERS ELEVATOR
> **$274K** approved 01/25/2021 · Paid in Full · Loan `5343288303`
## Borrower
- **Name:** MAYPORT FARMERS ELEVATOR
- **Address:** 945 3rd St SE, Mayville, ND, 58257-1630
- **NAICS:** 493130
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*