# PPP loan: INSTITUTE FOR ENVIRONMENTAL ENGINEERING, INC.
> **$875K** approved 04/06/2020 · Paid in Full · Loan `5621167002`
## Borrower
- **Name:** INSTITUTE FOR ENVIRONMENTAL ENGINEERING, INC.
- **Address:** 9201 W. Broadway Avenue, STE 600, MINNEAPOLIS, MN, 55445-1902
- **NAICS:** 562910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $881K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $656K
- **Utilities:** $219K
- **Jobs reported:** 62
## 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*