# PPP loan: PARK MOTOR COMPANY
> **$342K** approved 01/26/2021 · Paid in Full · Loan `6279608302`
## Borrower
- **Name:** PARK MOTOR COMPANY
- **Address:** 700 E Blue Earth Ave, Fairmont, MN, 56031-4032
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $342K
- **Jobs reported:** 28
## Lender
- **Originating:** Profinium, Inc.
- **Servicing:** Profinium, Inc. (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*