# PPP loan: CAMRUD MADDOCK OLSON & LARSON LTD.
> **$265K** approved 04/14/2020 · Paid in Full · Loan `6703127108`
## Borrower
- **Name:** CAMRUD MADDOCK OLSON & LARSON LTD.
- **Address:** 401 Demers Ave Ste 500, GRAND FORKS, ND, 58201-4574
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $33K
- **Utilities:** $33K
- **Jobs reported:** 23
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*