# PPP loan: PERSUADE LOYALTY LLC
> **$151K** approved 04/06/2020 · Paid in Full · Loan `5694357001`
## Borrower
- **Name:** PERSUADE LOYALTY LLC
- **Address:** 222 N  2ND ST, MINNEAPOLIS, MN, 55401-1457
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $9K
- **Health care:** $5K
- **Jobs reported:** 7
## Lender
- **Originating:** Minnesota Lakes Bank
- **Servicing:** Minnesota Lakes Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*