# PPP loan: GASSEN COMPANY INC.
> **$632K** approved 04/04/2020 · Paid in Full · Loan `4839867009`
## Borrower
- **Name:** GASSEN COMPANY INC.
- **Address:** 6438 City West Parkway, EDEN PRAIRIE, MN, 55344-3245
- **NAICS:** 531311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $580K
- **Rent:** $7K
- **Mortgage interest:** $44K
- **Utilities:** $900
- **Jobs reported:** 45
## Lender
- **Originating:** First Resource Bank
- **Servicing:** First Resource Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*