# PPP loan: DRYWALL SERVICES OF ROCHESTER INC.
> **$198K** approved 04/05/2020 · Exemption 4 · Loan `5576977009`
## Borrower
- **Name:** DRYWALL SERVICES OF ROCHESTER INC.
- **Address:** 2725 Whynaught CT SE, ROCHESTER, MN, 55904-2752
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $129K
- **Forgiven:** $105K (53%)
- **Forgiveness date:** 08/16/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 5
## Lender
- **Originating:** Sterling State Bank
- **Servicing:** Sterling State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*