# PPP loan: PREMIER LOCATING, INC.
> **$281K** approved 04/14/2020 · Paid in Full · Loan `6325627107`
## Borrower
- **Name:** PREMIER LOCATING, INC.
- **Address:** 2034 COUNTY ROAD 35 W, BUFFALO, MN, 55313-4478
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $10K
- **Mortgage interest:** $5K
- **Utilities:** $6K
- **Jobs reported:** 29
## Lender
- **Originating:** RiverWood Bank
- **Servicing:** RiverWood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*