# PPP loan: RISE INCORPORATED
> **$1.03M** approved 04/16/2021 · Paid in Full · Loan `4719608809`
## Borrower
- **Name:** RISE INCORPORATED
- **Address:** 8406 Sunset Rd NE, Minneapolis, MN, 55432-1317
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.03M
- **Initial approval:** $1.03M
- **Forgiven:** $1.04M (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.03M
- **Utilities:** $1
- **Jobs reported:** 300
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Northeast Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*