# PPP loan: NERSTRAND ELEMENTARY SCHOOL
> **$227K** approved 01/26/2021 · Paid in Full · Loan `6009568303`
## Borrower
- **Name:** NERSTRAND ELEMENTARY SCHOOL
- **Address:** 205 2nd St N, Nerstrand, MN, 55053-4404
- **NAICS:** 611110
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $228K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Community Resource Bank
- **Servicing:** Community Resource Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*