# PPP loan: THREE GEN INC
> **$158K** approved 04/03/2020 · Paid in Full · Loan `4545067010`
## Borrower
- **Name:** THREE GEN INC
- **Address:** 1140 FRONTAGE RD, OWATONNA, MN, 55060-5662
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $159K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $119K
- **Utilities:** $10K
- **Debt interest:** $30K
- **Jobs reported:** 33
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*