# PPP loan: CAST CORPORATION
> **$495K** approved 04/07/2020 · Paid in Full · Loan `6628427005`
## Borrower
- **Name:** CAST CORPORATION
- **Address:** 11364 HIGHWAY 37, HIBBING, MN, 55746-8229
- **NAICS:** 331513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $490K
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Mortgage interest:** $40K
- **Utilities:** $59K
- **Jobs reported:** 46
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*