# PPP loan: PRODUCTIVE ALTERNATIVES INC.
> **$2.05M** approved 04/27/2020 · Paid in Full · Loan `4925767206`
## Borrower
- **Name:** PRODUCTIVE ALTERNATIVES INC.
- **Address:** 1205 North Tower Rd, FERGUS FALLS, MN, 56537-1077
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.05M
- **Initial approval:** $2.05M
- **Forgiven:** $2.07M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.05M
- **Jobs reported:** 320
## Lender
- **Originating:** American Federal Bank
- **Servicing:** American Federal Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*