# PPP loan: SANDERS 322 DEMERS LLC
> **$282K** approved 01/29/2021 · Paid in Full · Loan `8543868309`
## Borrower
- **Name:** SANDERS 322 DEMERS LLC
- **Address:** 322 Demers Ave Ste 200, Grand Forks, ND, 58201-4754
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $287K (102%)
- **Forgiveness date:** 09/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $282K
- **Utilities:** $1
- **Jobs reported:** 39
## 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*