# PPP loan: MINNETONKA CENTER FOR THE ARTS
> **$163K** approved 04/04/2020 · Paid in Full · Loan `4965167001`
## Borrower
- **Name:** MINNETONKA CENTER FOR THE ARTS
- **Address:** 2240 North Shore Drive, WAYZATA, MN, 55391-9127
- **NAICS:** 611610
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 46
## Lender
- **Originating:** Highland Bank
- **Servicing:** Highland Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*