# PPP loan: ENGINEERS-ARCHITECTS PC
> **$1.88M** approved 04/14/2020 · Paid in Full · Loan `7327587106`
## Borrower
- **Name:** ENGINEERS-ARCHITECTS PC
- **Address:** 3100 DEMERS AVE, GRAND FORKS, ND, 58201-4000
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Rent:** $235K
- **Utilities:** $235K
- **Jobs reported:** 122
## 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*