# PPP loan: CARLSON INDUSTRIES, INC.
> **$163K** approved 04/28/2020 · Paid in Full · Loan `9253977209`
## Borrower
- **Name:** CARLSON INDUSTRIES, INC.
- **Address:** 795 15th St SW, FOREST LAKE, MN, 55025
- **NAICS:** 332911
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Mortgage interest:** $24K
- **Utilities:** $16K
- **Jobs reported:** 11
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*