# PPP loan: PROMOTIONSELECT
> **$168K** approved 04/11/2020 · Paid in Full · Loan `2893997102`
## Borrower
- **Name:** PROMOTIONSELECT
- **Address:** 8330 Commerce Drive, CHANHASSEN, MN, 55317-8426
- **NAICS:** 423910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $16K
- **Utilities:** $3K
- **Jobs reported:** 12
## Lender
- **Originating:** VisionBank
- **Servicing:** VisionBank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*