# PPP loan: NORTH SHORE RESORT COMPANY
> **$780K** approved 04/06/2020 · Paid in Full · Loan `5677157009`
## Borrower
- **Name:** NORTH SHORE RESORT COMPANY
- **Address:** 5700 w Highway 61, LUTSEN, MN, 55612
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $780K
- **Initial approval:** $780K
- **Forgiven:** $785K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Rent:** $84K
- **Utilities:** $92K
- **Health care:** $56K
- **Jobs reported:** 127
## Lender
- **Originating:** National Bank of Commerce
- **Servicing:** National Bank of Commerce (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*