# PPP loan: EDGE CONTRACTING INC.
> **$194K** approved 03/08/2021 · Paid in Full · Loan `7986288502`
## Borrower
- **Name:** EDGE CONTRACTING INC.
- **Address:** 27854 510th St, Elgin, MN, 55932-5220
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Frandsen Bank and Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*