# PPP loan: STATE SUPPLY CO., INC.
> **$325K** approved 04/13/2020 · Paid in Full · Loan `4705787101`
## Borrower
- **Name:** STATE SUPPLY CO., INC.
- **Address:** 597 E 7TH ST, SAINT PAUL, MN, 55130-2419
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $325K
- **Initial approval:** $325K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Rent:** $65K
- **Utilities:** $16K
- **Jobs reported:** 19
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*