# PPP loan: BBI INTERNATIONAL INC
> **$455K** approved 06/30/2020 · Paid in Full · Loan `6386148007`
## Borrower
- **Name:** BBI INTERNATIONAL INC
- **Address:** 308 2ND AVE N, Suite 304, GRAND FORKS, ND, 58203-3708
- **NAICS:** 561920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $462K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $342K
- **Rent:** $57K
- **Utilities:** $57K
- **Jobs reported:** 32
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*