# PPP loan: DODGE OF BURNSVILLE, INC.
> **$1.10M** approved 04/06/2020 · Paid in Full · Loan `5767287006`
## Borrower
- **Name:** DODGE OF BURNSVILLE, INC.
- **Address:** 12101 HIGHWAY 35W SOUTH, BURNSVILLE, MN, 55337-1642
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $827K
- **Mortgage interest:** $100K
- **Utilities:** $17K
- **Debt interest:** $158K
- **Jobs reported:** 71
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*