# PPP loan: SPECIALTY PRODUCTS AND TECHNOLOGY, INC
> **$337K** approved 04/10/2020 · Paid in Full · Loan `2195917103`
## Borrower
- **Name:** SPECIALTY PRODUCTS AND TECHNOLOGY, INC
- **Address:** 9531 W 78th St Ste 320, EDEN PRAIRIE, MN, 55344-3807
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $339K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Utilities:** $84K
- **Jobs reported:** 55
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*