# PPP loan: CENTER MUTUAL INSURANCE COMPANY
> **$458K** approved 04/09/2020 · Paid in Full · Loan `9806357005`
## Borrower
- **Name:** CENTER MUTUAL INSURANCE COMPANY
- **Address:** 1211 Third Ave. SE, RUGBY, ND, 58368-2502
- **NAICS:** 524210
- **Business type:** Cooperative
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 26
## Lender
- **Originating:** Merchants Bank
- **Servicing:** Merchants Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*