# PPP loan: MUNDO DE COLORES, INC.
> **$843K** approved 04/12/2020 · Paid in Full · Loan `3949527106`
## Borrower
- **Name:** MUNDO DE COLORES, INC.
- **Address:** 4040 BLOOMINGTON AVE, MINNEAPOLIS, MN, 55407-3331
- **NAICS:** 624410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $843K
- **Initial approval:** $843K
- **Forgiven:** $849K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $743K
- **Rent:** $75K
- **Health care:** $25K
- **Jobs reported:** 130
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*