# PPP loan: HOME ENERGY CENTER
> **$551K** approved 04/07/2020 · Paid in Full · Loan `7451677008`
## Borrower
- **Name:** HOME ENERGY CENTER
- **Address:** 2415 Annapolis Lane N #170, MINNEAPOLIS, MN, 55441-3603
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $506K
- **Rent:** $10K
- **Utilities:** $7K
- **Health care:** $27K
- **Debt interest:** $700
- **Jobs reported:** 46
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*