# PPP loan: EFFECT PARTNERS INC.
> **$186K** approved 04/10/2020 · Paid in Full · Loan `1279457110`
## Borrower
- **Name:** EFFECT PARTNERS INC.
- **Address:** 2445 Lyndale Ave S, MINNEAPOLIS, MN, 55405-3335
- **NAICS:** 711310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $190K (102%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Rent:** $6K
- **Mortgage interest:** $3K
- **Utilities:** $1K
- **Health care:** $5K
- **Jobs reported:** 13
## Lender
- **Originating:** VisionBank
- **Servicing:** VisionBank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*