# PPP loan: MANGOLD GROUP LLC
> **$262K** approved 04/13/2020 · Paid in Full · Loan `5586097107`
## Borrower
- **Name:** MANGOLD GROUP LLC
- **Address:** 5810 Echo Road, EXCELSIOR, MN, 55331-2937
- **NAICS:** 561730
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Utilities:** $65K
- **Jobs reported:** 30
## 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*