# PPP loan: HOLADAY CIRCUITS INC
> **$2.19M** approved 04/13/2020 · Paid in Full · Loan `5651357110`
## Borrower
- **Name:** HOLADAY CIRCUITS INC
- **Address:** 11126 Bren Road W, Minnetonka, MN, 55343-9074
- **NAICS:** 334418
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.19M
- **Initial approval:** $2.19M
- **Forgiven:** $2.20M (101%)
- **Forgiveness date:** 01/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.80M
- **Rent:** $180K
- **Utilities:** $203K
- **Jobs reported:** 195
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*