# PPP loan: SOURCE ONE FINANCIAL SERVICES, LLC
> **$500K** approved 04/10/2020 · Paid in Full · Loan `2517937102`
## Borrower
- **Name:** SOURCE ONE FINANCIAL SERVICES, LLC
- **Address:** 16233 Kenyon Avenue Suite 230, LAKEVILLE, MN, 55044-4665
- **NAICS:** 522310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Rent:** $62K
- **Utilities:** $62K
- **Jobs reported:** 35
## 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*