# PPP loan: MERISTEM FAMILY WEALTH, LLC
> **$866K** approved 04/03/2020 · Paid in Full · Loan `4499147008`
## Borrower
- **Name:** MERISTEM FAMILY WEALTH, LLC
- **Address:** 701 Carlson Parkway, Ste 1400, Minnetonka, MN, 55305-0011
- **NAICS:** 523920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $866K
- **Initial approval:** $866K
- **Forgiven:** $870K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Rent:** $66K
- **Jobs reported:** 42
## Lender
- **Originating:** Park State Bank
- **Servicing:** Park State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*