# PPP loan: SAVAGE COMMUNICATIONS, INC.
> **$404K** approved 04/04/2020 · Paid in Full · Loan `4684227010`
## Borrower
- **Name:** SAVAGE COMMUNICATIONS, INC.
- **Address:** 115 Tobies Mill Pl, HINCKLEY, MN, 55037
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $325K
- **Rent:** $4K
- **Utilities:** $26K
- **Health care:** $23K
- **Debt interest:** $27K
- **Jobs reported:** 34
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*