# PPP loan: ARCHBOLD ENTERPRISES LLC
> **$347K** approved 04/06/2020 · Paid in Full · Loan `5619217005`
## Borrower
- **Name:** ARCHBOLD ENTERPRISES LLC
- **Address:** 1255 E HIGHWAY 36, SAINT PAUL, MN, 55109-2046
- **NAICS:** 484210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $347K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $58K
- **Utilities:** $9K
- **Jobs reported:** 25
## 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*