# PPP loan: SPRING POINT PROJECT
> **$196K** approved 04/29/2020 · Paid in Full · Loan `3704037310`
## Borrower
- **Name:** SPRING POINT PROJECT
- **Address:** 121 S. 8TH ST. STE. 822, MINNEAPOLIS, MN, 55402-2835
- **NAICS:** 541380
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 12
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*