# PPP loan: LIFE BY DESIGN, INC.
> **$388K** approved 04/16/2020 · Paid in Full · Loan `2885227203`
## Borrower
- **Name:** LIFE BY DESIGN, INC.
- **Address:** 7866 UNIVERSITY AVE, MINNEAPOLIS, MN, 55432-2625
- **NAICS:** 624190
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 40
## 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*