# PPP loan: CENTROL INC.
> **$1.53M** approved 04/07/2020 · Paid in Full · Loan `7154447002`
## Borrower
- **Name:** CENTROL INC.
- **Address:** 102 East Main Ave., TWIN VALLEY, MN, 56584
- **NAICS:** 111998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.55M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 69
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*