# PPP loan: BUDGET PLUMBING CORP.
> **$1.31M** approved 04/28/2020 · Paid in Full · Loan `7725227207`
## Borrower
- **Name:** BUDGET PLUMBING CORP.
- **Address:** 855 HIGHWAY 169 N, MINNEAPOLIS, MN, 55441-6404
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Rent:** $76K
- **Utilities:** $7K
- **Health care:** $217K
- **Jobs reported:** 73
## Lender
- **Originating:** First Minnetonka City Bank
- **Servicing:** First Minnetonka City Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*