# PPP loan: DISPATCHIT, INC.
> **$1.80M** approved 04/05/2020 · Paid in Full · Loan `5529417002`
## Borrower
- **Name:** DISPATCHIT, INC.
- **Address:** 1401 94TH ST, BLOOMINGTON, MN, 55431-2352
- **NAICS:** 492110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $1.80M
- **Forgiven:** $1.81M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.80M
- **Jobs reported:** 112
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*