# PPP loan: MOPECA, INC.
> **$152K** approved 04/10/2020 · Paid in Full · Loan `1259567100`
## Borrower
- **Name:** MOPECA, INC.
- **Address:** 2100 VERMILLION ST, HASTINGS, MN, 55033-3653
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Rent:** $20K
- **Utilities:** $8K
- **Jobs reported:** 28
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*