# PPP loan: SPLICE HERE, INC.
> **$172K** approved 04/05/2020 · Paid in Full · Loan `5575727002`
## Borrower
- **Name:** SPLICE HERE, INC.
- **Address:** 15220 BOULDER POINTE RD, EDEN PRAIRIE, MN, 55347-2412
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $14K
- **Utilities:** $3K
- **Jobs reported:** 12
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*