# PPP loan: CLIMB THEATRE INC.
> **$255K** approved 04/06/2020 · Paid in Full · Loan `5858527001`
## Borrower
- **Name:** CLIMB THEATRE INC.
- **Address:** 6415 Carmen Ave, INVER GROVE HEIGHTS, MN, 55076-4428
- **NAICS:** 711110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $16K
- **Mortgage interest:** $6K
- **Utilities:** $7K
- **Health care:** $22K
- **Jobs reported:** 35
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*