# PPP loan: SIMPLICONNECT, INC.
> **$159K** approved 04/04/2020 · Paid in Full · Loan `4861327007`
## Borrower
- **Name:** SIMPLICONNECT, INC.
- **Address:** 331 2ND AVE, MINNEAPOLIS, MN, 55401-0008
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 10
## Lender
- **Originating:** Scale Bank
- **Servicing:** Scale Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*