# PPP loan: SHOREMASTER, LLC
> **$1.49M** approved 04/06/2020 · Paid in Full · Loan `6114227007`
## Borrower
- **Name:** SHOREMASTER, LLC
- **Address:** 1025 International Drive, FERGUS FALLS, MN, 56537-4303
- **NAICS:** 333923
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $223K
- **Utilities:** $149K
- **Jobs reported:** 93
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*