# PPP loan: SUNRAM CONSTRUCTION, INC.
> **$266K** approved 04/09/2020 · Paid in Full · Loan `9593547009`
## Borrower
- **Name:** SUNRAM CONSTRUCTION, INC.
- **Address:** 20010 75TH AVE, HAMEL, MN, 55340-9459
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $6K
- **Jobs reported:** 20
## Lender
- **Originating:** First Minnetonka City Bank
- **Servicing:** First Minnetonka City Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*