# PPP loan: ROYAL BUSINESS FORMS &  PRINTING, INC.
> **$682K** approved 04/15/2020 · Paid in Full · Loan `1587887210`
## Borrower
- **Name:** ROYAL BUSINESS FORMS &  PRINTING, INC.
- **Address:** 4000 83RD AVE N, MINNEAPOLIS, MN, 55443-2528
- **NAICS:** 323111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $682K
- **Initial approval:** $682K
- **Forgiven:** $688K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $537K
- **Rent:** $96K
- **Utilities:** $24K
- **Health care:** $26K
- **Jobs reported:** 52
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*