# PPP loan: CHAMPLIN PALACE INN
> **$166K** approved 04/06/2020 · Paid in Full · Loan `5897737008`
## Borrower
- **Name:** CHAMPLIN PALACE INN
- **Address:** 11186 Commerce Drive N, CHAMPLIN, MN, 55316-3111
- **NAICS:** 721191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 15
## Lender
- **Originating:** Falcon National Bank
- **Servicing:** Falcon National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*