# PPP loan: FOREST LAKE CONTRACTING, INC.
> **$1.13M** approved 04/06/2020 · Paid in Full · Loan `5597607002`
## Borrower
- **Name:** FOREST LAKE CONTRACTING, INC.
- **Address:** 14777 Lake Drive NE, FOREST LAKE, MN, 55025-9445
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Jobs reported:** 62
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*