# PPP loan: MICHELS COMMUNICATIONS CORPORATION
> **$235K** approved 04/07/2020 · Paid in Full · Loan `6895787002`
## Borrower
- **Name:** MICHELS COMMUNICATIONS CORPORATION
- **Address:** 5000 S Minnesota, SIOUX FALLS, SD, 57108-2707
- **NAICS:** 511120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Jobs reported:** 19
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*