# PPP loan: CHRISTIANSON SYSTEMS, INC.
> **$300K** approved 04/08/2020 · Paid in Full · Loan `8549167000`
## Borrower
- **Name:** CHRISTIANSON SYSTEMS, INC.
- **Address:** 20421 15TH ST SE, BLOMKEST, MN, 56216-9706
- **NAICS:** 333922
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Rent:** $8K
- **Utilities:** $26K
- **Jobs reported:** 33
## Lender
- **Originating:** Lake Region Bank
- **Servicing:** Lake Region Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*