# PPP loan: JLG ESOP TRUST
> **$2.00M** approved 03/20/2021 · Paid in Full · Loan `6068528607`
## Borrower
- **Name:** JLG ESOP TRUST
- **Address:** 124 N 3rd St, Grand Forks, ND, 58203-3742
- **NAICS:** 541310
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 148
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*