# PPP loan: ROCHESTER BEACON ACADEMY
> **$378K** approved 03/26/2021 · Paid in Full · Loan `1183808709`
## Borrower
- **Name:** ROCHESTER BEACON ACADEMY
- **Address:** 2521 Pennington Dr NW, Rochester, MN, 55901-0194
- **NAICS:** 611110
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $378K
- **Jobs reported:** 44
## Lender
- **Originating:** Premier Bank Minnesota
- **Servicing:** Premier Bank Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*