# PPP loan: BOIS FORTE DEVELOPMENT CORP
> **$3.96M** approved 04/06/2020 · Paid in Full · Loan `6064397002`
## Borrower
- **Name:** BOIS FORTE DEVELOPMENT CORP
- **Address:** 1430 Bois Forte Rd, TOWER, MN, 55790-8111
- **NAICS:** 713210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.96M
- **Initial approval:** $4.77M
- **Forgiven:** $4.00M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.17M
- **Mortgage interest:** $600K
- **Utilities:** $192K
- **Jobs reported:** 427
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*