# PPP loan: SHERMAN INSURANCE AGENCY, INC
> **$324K** approved 04/11/2020 · Paid in Full · Loan `2682757100`
## Borrower
- **Name:** SHERMAN INSURANCE AGENCY, INC
- **Address:** 120 Bridgepoint Way #C, South Saint Paul, MN, 55075-2475
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 30
## Lender
- **Originating:** Key Community Bank
- **Servicing:** Key Community Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*