# PPP loan: OVERMOE & NELSON, LTD
> **$156K** approved 03/26/2021 · Paid in Full · Loan `9416638606`
## Borrower
- **Name:** OVERMOE & NELSON, LTD
- **Address:** 200 1st Ave N Ste 30, Grand Forks, ND, 58203-3764
- **NAICS:** 541211
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** American Federal Bank
- **Servicing:** American Federal Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*