# PPP loan: DELACK LOGGING, INC.
> **$175K** approved 04/07/2020 · Paid in Full · Loan `7242957002`
## Borrower
- **Name:** DELACK LOGGING, INC.
- **Address:** 1029 Laurel St, Littlefork, MN, 56653-9413
- **NAICS:** 113310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** TruStar FCU
- **Servicing:** TruStar FCU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*