# PPP loan: NORTHERN WOODWORK, INC.
> **$272K** approved 04/07/2020 · Paid in Full · Loan `6801277002`
## Borrower
- **Name:** NORTHERN WOODWORK, INC.
- **Address:** 1581 Hwy 59 SE, THIEF RIVER FALLS, MN, 56701
- **NAICS:** 333243
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Mortgage interest:** $30K
- **Utilities:** $38K
- **Jobs reported:** 22
## Lender
- **Originating:** Northern State Bank of Thief River Falls
- **Servicing:** Northern State Bank of Thief River Falls (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*