# PPP loan: OAK GROVE CAPITAL, INC.
> **$270K** approved 04/15/2020 · Paid in Full · Loan `9992967101`
## Borrower
- **Name:** OAK GROVE CAPITAL, INC.
- **Address:** 2177 YOUNGMAN AVE, SAINT PAUL, MN, 55116-3084
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $202K
- **Rent:** $54K
- **Utilities:** $13K
- **Jobs reported:** 32
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*