# PPP loan: ISAK HANSEN AND SONS, INC.
> **$195K** approved 04/06/2020 · Paid in Full · Loan `5722227006`
## Borrower
- **Name:** ISAK HANSEN AND SONS, INC.
- **Address:** 4921 W. Highway 61, LUTSEN, MN, 55612-0001
- **NAICS:** 444130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 21
## Lender
- **Originating:** Grand Marais State Bank
- **Servicing:** Grand Marais State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*