# PPP loan: OSTER INC.
> **$164K** approved 04/11/2020 · Paid in Full · Loan `2943517108`
## Borrower
- **Name:** OSTER INC.
- **Address:** 14450 S Robert Trl, ROSEMOUNT, MN, 55068-3199
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $8K
- **Utilities:** $2K
- **Health care:** $2K
- **Jobs reported:** 25
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*