# PPP loan: PROXIMAL 50 INC.
> **$157K** approved 01/29/2021 · Paid in Full · Loan `8527218302`
## Borrower
- **Name:** PROXIMAL 50 INC.
- **Address:** 1151 W Divide Ave, Bismarck, ND, 58501-1236
- **NAICS:** 621340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $157K
- **Initial approval:** $157K
- **Forgiven:** $158K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $157K
- **Jobs reported:** 27
## Lender
- **Originating:** Kirkwood Bank & Trust Co
- **Servicing:** Kirkwood Bank & Trust Co (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*