# PPP loan: PRO MANUFACTURING, INC.
> **$295K** approved 04/04/2020 · Paid in Full · Loan `4954657000`
## Borrower
- **Name:** PRO MANUFACTURING, INC.
- **Address:** 77917 209TH ST, ALBERT LEA, MN, 56007-4570
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Mortgage interest:** $30K
- **Utilities:** $5K
- **Health care:** $2K
- **Debt interest:** $18K
- **Jobs reported:** 25
## Lender
- **Originating:** Arcadian Bank
- **Servicing:** Arcadian Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*