# PPP loan: NORTH TECH CONSTRUCTION INC.
> **$339K** approved 04/06/2020 · Paid in Full · Loan `5697977005`
## Borrower
- **Name:** NORTH TECH CONSTRUCTION INC.
- **Address:** 39605 Grand Ave, NORTH BRANCH, MN, 55056-5067
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $343K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Health care:** $89K
- **Jobs reported:** 22
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Stearns Bank National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*