# PPP loan: SOWLES CO.
> **$4.62M** approved 04/10/2020 · Paid in Full · Loan `1582777104`
## Borrower
- **Name:** SOWLES CO.
- **Address:** 700 Canterbury Road S, SHAKOPEE, MN, 55379-1840
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.62M
- **Initial approval:** $4.62M
- **Forgiven:** $4.68M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.62M
- **Jobs reported:** 183
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*