# PPP loan: VIKING ELECTRIC, INC.
> **$324K** approved 04/06/2020 · Paid in Full · Loan `5669557000`
## Borrower
- **Name:** VIKING ELECTRIC, INC.
- **Address:** 16380 COUNTY 4, SPRING GROVE, MN, 55974-2407
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Rent:** $66K
- **Utilities:** $15K
- **Jobs reported:** 33
## Lender
- **Originating:** Foresight Bank
- **Servicing:** Foresight Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*