# PPP loan: MINNESOTA ACOUSTICS INC
> **$483K** approved 01/22/2021 · Paid in Full · Loan `3734648302`
## Borrower
- **Name:** MINNESOTA ACOUSTICS INC
- **Address:** 8750 Jefferson Hwy, Maple Grove, MN, 55369-1540
- **NAICS:** 238350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 23
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*