# PPP loan: GRAPHIC DESIGN, INC
> **$237K** approved 04/14/2020 · Paid in Full · Loan `6286337110`
## Borrower
- **Name:** GRAPHIC DESIGN, INC
- **Address:** 315 2nd St, HASTINGS, MN, 55033
- **NAICS:** 541430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Rent:** $11K
- **Utilities:** $6K
- **Health care:** $5K
- **Jobs reported:** 23
## 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*