# PPP loan: APEX EMBROIDERY DESIGN, INC
> **$278K** approved 04/10/2020 · Paid in Full · Loan `2510017105`
## Borrower
- **Name:** APEX EMBROIDERY DESIGN, INC
- **Address:** 9785 GATEWAY RD, ELK RIVER, MN, 55330-9595
- **NAICS:** 313220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 30
## Lender
- **Originating:** The Bank of Elk River
- **Servicing:** The Bank of Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*