# PPP loan: THE OFFICE SHOP INC
> **$193K** approved 04/10/2020 · Paid in Full · Loan `2274767104`
## Borrower
- **Name:** THE OFFICE SHOP INC
- **Address:** 211 MINNESOTA AVE N, AITKIN, MN, 56431-1411
- **NAICS:** 453210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Mortgage interest:** $7K
- **Utilities:** $670
- **Jobs reported:** 18
## Lender
- **Originating:** Security State Bank of Aitkin
- **Servicing:** Security State Bank of Aitkin (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*