# PPP loan: STEENBERG-WATRUD CONSTRUCTION, LLC
> **$1.10M** approved 04/09/2020 · Paid in Full · Loan `9308397003`
## Borrower
- **Name:** STEENBERG-WATRUD CONSTRUCTION, LLC
- **Address:** 10967 CLARK ROAD STE A, INVER GROVE HEIGHTS, MN, 55077-5356
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $822K
- **Rent:** $69K
- **Mortgage interest:** $69K
- **Utilities:** $69K
- **Health care:** $69K
- **Jobs reported:** 104
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*