# PPP loan: THE MINNESOTA ORCHESTRAL ASSOCIATION
> **$4.50M** approved 04/15/2020 · Paid in Full · Loan `1050397205`
## Borrower
- **Name:** THE MINNESOTA ORCHESTRAL ASSOCIATION
- **Address:** 111 Nicollet Mall, MINNEAPOLIS, MN, 55403-9998
- **NAICS:** 711130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.50M
- **Initial approval:** $4.50M
- **Forgiven:** $4.66M (103%)
- **Forgiveness date:** 08/25/2023
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.50M
- **Jobs reported:** 423
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*