# PPP loan: ALLY RESTAURANTS LLC
> **$1.19M** approved 02/13/2021 · Paid in Full · Loan `8236378402`
## Borrower
- **Name:** ALLY RESTAURANTS LLC
- **Address:** 2512 Sandstone Ln, Long Lake, MN, 55356-4509
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.19M
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*