# PPP loan: THORUD INC
> **$974K** approved 01/31/2021 · Paid in Full · Loan `9985108306`
## Borrower
- **Name:** THORUD INC
- **Address:** 10501 Hampshire Ave S, Bloomington, MN, 55438-2185
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $974K
- **Initial approval:** $974K
- **Forgiven:** $981K (101%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $974K
- **Jobs reported:** 63
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*