# PPP loan: SUNBURST CHEMICALS INC
> **$1.52M** approved 04/06/2020 · Paid in Full · Loan `5879837010`
## Borrower
- **Name:** SUNBURST CHEMICALS INC
- **Address:** 220 WEST 86TH ST, MINNEAPOLIS, MN, 55420-2704
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.52M
- **Initial approval:** $1.52M
- **Forgiven:** $1.53M (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.52M
- **Jobs reported:** 104
## Lender
- **Originating:** Crown Bank
- **Servicing:** Crown Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*