# PPP loan: PATRIOT ERECTORS INC
> **$507K** approved 01/29/2021 · Paid in Full · Loan `8235928301`
## Borrower
- **Name:** PATRIOT ERECTORS INC
- **Address:** 9520 County Road 19 Ste B, Loretto, MN, 55357-2202
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $511K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $507K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*