# PPP loan: MILO R. HOLDERBECKER, INC.
> **$209K** approved 04/07/2020 · Paid in Full · Loan `7374577008`
## Borrower
- **Name:** MILO R. HOLDERBECKER, INC.
- **Address:** 2575 HANNAH AVE NW, BEMIDJI, MN, 56601-5642
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $210K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $36K
- **Utilities:** $398
- **Jobs reported:** 70
## Lender
- **Originating:** RiverWood Bank
- **Servicing:** RiverWood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*