# PPP loan: SALO MANUFACTURING
> **$227K** approved 04/05/2020 · Paid in Full · Loan `5221897010`
## Borrower
- **Name:** SALO MANUFACTURING
- **Address:** 52 12th St SE, MENAHGA, MN, 56464-3189
- **NAICS:** 326191
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Jobs reported:** 33
## Lender
- **Originating:** Community First Bank
- **Servicing:** Community First Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*