# PPP loan: ART, LLC
> **$257K** approved 04/06/2020 · Paid in Full · Loan `6044597006`
## Borrower
- **Name:** ART, LLC
- **Address:** 7999 Victoria Drive, VICTORIA, MN, 55386-7728
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $51K
- **Utilities:** $13K
- **Jobs reported:** 10
## 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*