# PPP loan: 3M35, INC.
> **$2.62M** approved 04/05/2020 · Paid in Full · Loan `5401617004`
## Borrower
- **Name:** 3M35, INC.
- **Address:** 2300 S Stratford Rd, WINSTON SALEM, NC, 27103-6224
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.62M
- **Initial approval:** $2.62M
- **Forgiven:** $2.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.96M
- **Rent:** $327K
- **Utilities:** $327K
- **Jobs reported:** 500
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*