# PPP loan: POOR MAN'S PARADISE INC.
> **$862K** approved 03/15/2021 · Paid in Full · Loan `2592428610`
## Borrower
- **Name:** POOR MAN'S PARADISE INC.
- **Address:** 1900 Marshall St NE, Minneapolis, MN, 55418-4213
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $862K
- **Initial approval:** $862K
- **Forgiven:** $867K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $861K
- **Utilities:** $1
- **Jobs reported:** 259
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Northeast Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*