# PPP loan: ROOM FOR GROWING, INC.
> **$539K** approved 04/14/2020 · Paid in Full · Loan `6157807102`
## Borrower
- **Name:** ROOM FOR GROWING, INC.
- **Address:** 268 SW 12th Street, FOREST LAKE, MN, 55025
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $539K
- **Initial approval:** $539K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Rent:** $34K
- **Mortgage interest:** $34K
- **Utilities:** $34K
- **Health care:** $34K
- **Jobs reported:** 87
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*