# PPP loan: ROSS RESOURCES, LTD.
> **$162K** approved 04/08/2020 · Paid in Full · Loan `8509577000`
## Borrower
- **Name:** ROSS RESOURCES, LTD.
- **Address:** 180 NE 6TH ST, GRAND RAPIDS, MN, 55744-2873
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $5K
- **Utilities:** $4K
- **Health care:** $2K
- **Jobs reported:** 20
## Lender
- **Originating:** Woodland Bank
- **Servicing:** Woodland Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*