# PPP loan: NORTH CENTRAL EQUITY LLC
> **$170K** approved 05/04/2020 · Paid in Full · Loan `1513487401`
## Borrower
- **Name:** NORTH CENTRAL EQUITY LLC
- **Address:** 6210 Bury Drive, EDEN PRAIRIE, MN, 55346-1718
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Utilities:** $43K
- **Jobs reported:** 9
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*