# PPP loan: 1954 INVESTMENT GROUP, INC.
> **$511K** approved 04/15/2020 · Paid in Full · Loan `9844917106`
## Borrower
- **Name:** 1954 INVESTMENT GROUP, INC.
- **Address:** 1801 23RD AVE N #301, FARGO, ND, 58102-1047
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $563K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Rent:** $64K
- **Utilities:** $64K
- **Jobs reported:** 70
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*