# PPP loan: HY-TEC CONSTRUCTION OF BRAINERD INC.
> **$893K** approved 04/07/2020 · Paid in Full · Loan `6624767005`
## Borrower
- **Name:** HY-TEC CONSTRUCTION OF BRAINERD INC.
- **Address:** 11360 BUSINESS 371, BRAINERD, MN, 56401-1779
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $893K
- **Initial approval:** $893K
- **Forgiven:** $900K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $834K
- **Health care:** $59K
- **Jobs reported:** 80
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*