# PPP loan: PARK POINT MARINA INN & SUITES, LLC
> **$158K** approved 04/09/2020 · Paid in Full · Loan `9248657006`
## Borrower
- **Name:** PARK POINT MARINA INN & SUITES, LLC
- **Address:** 1033 Minnesota Ave, Duluth, MN, 55802-2420
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $9K
- **Mortgage interest:** $9K
- **Utilities:** $10K
- **Jobs reported:** 27
## Lender
- **Originating:** Western National Bank
- **Servicing:** Western National Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*