# PPP loan: SUNBURST CHEMICALS INC.
> **$1.50M** approved 01/20/2021 · Paid in Full · Loan `2066778305`
## Borrower
- **Name:** SUNBURST CHEMICALS INC.
- **Address:** 220 W 86th St, Minneapolis, MN, 55420-2704
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.50M
- **Utilities:** $1
- **Jobs reported:** 105
## Lender
- **Originating:** Crown Bank
- **Servicing:** Crown Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*