# PPP loan: FOREMOST BUSINESS SYSTEMS
> **$287K** approved 04/27/2020 · Paid in Full · Loan `4067197204`
## Borrower
- **Name:** FOREMOST BUSINESS SYSTEMS
- **Address:** 4834 Park Glen Road, MINNEAPOLIS, MN, 55416
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Rent:** $16K
- **Utilities:** $12K
- **Health care:** $29K
- **Jobs reported:** 20
## 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*