# PPP loan: EFS ADVISORS
> **$302K** approved 04/13/2020 · Paid in Full · Loan `5099807109`
## Borrower
- **Name:** EFS ADVISORS
- **Address:** 440 Emerson St. N., Ste 2, Cambridge, MN, 55008-1320
- **NAICS:** 523930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Rent:** $19K
- **Health care:** $14K
- **Jobs reported:** 30
## Lender
- **Originating:** Security Bank and Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*