# PPP loan: AMERICAN FLEXIBLE PRODUCTS, INC.
> **$411K** approved 04/06/2020 · Paid in Full · Loan `5732907002`
## Borrower
- **Name:** AMERICAN FLEXIBLE PRODUCTS, INC.
- **Address:** 124 PEAVEY CIR, CHASKA, MN, 55318-2347
- **NAICS:** 339991
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $391K
- **Mortgage interest:** $12K
- **Utilities:** $8K
- **Jobs reported:** 36
## Lender
- **Originating:** Security Bank & Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*