# PPP loan: SOFTWARE BUSINESS SYSTEMS, INC.
> **$178K** approved 04/06/2020 · Paid in Full · Loan `5789477005`
## Borrower
- **Name:** SOFTWARE BUSINESS SYSTEMS, INC.
- **Address:** 7401 METRO BLVD, MINNEAPOLIS, MN, 55439-3006
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $10K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Debt interest:** $6K
- **Jobs reported:** 12
## Lender
- **Originating:** ProGrowth Bank
- **Servicing:** ProGrowth Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*