# PPP loan: MHS ADVISORY
> **$228K** approved 04/13/2020 · Paid in Full · Loan `5371447108`
## Borrower
- **Name:** MHS ADVISORY
- **Address:** 11330 86th Ave N, MAPLE GROVE, MN, 55369-4528
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $57K
- **Jobs reported:** 16
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*