# PPP loan: BROOKSTONE MANOR, INC.
> **$393K** approved 04/06/2020 · Paid in Full · Loan `6027647006`
## Borrower
- **Name:** BROOKSTONE MANOR, INC.
- **Address:** 722 N Pokegama Ave, GRAND RAPIDS, MN, 55744-2650
- **NAICS:** 623311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $393K
- **Initial approval:** $346K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Rent:** $58K
- **Utilities:** $21K
- **Jobs reported:** 49
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*