# PPP loan: SCALE LOGIC, INC.
> **$335K** approved 04/14/2020 · Paid in Full · Loan `6549147104`
## Borrower
- **Name:** SCALE LOGIC, INC.
- **Address:** 1401 AMERICAN BLVD E. Ste 4, MINNEAPOLIS, MN, 55425-1105
- **NAICS:** 518210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $345K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Mortgage interest:** $33K
- **Utilities:** $43K
- **Jobs reported:** 19
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*