# PPP loan: PRIORITY ENVELOPE, INC.
> **$2.44M** approved 04/07/2020 · Paid in Full · Loan `6554767009`
## Borrower
- **Name:** PRIORITY ENVELOPE, INC.
- **Address:** 2920 NORTHWEST BLVD, MINNEAPOLIS, MN, 55441-2626
- **NAICS:** 322230
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.44M
- **Initial approval:** $2.44M
- **Forgiven:** $2.45M (100%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.83M
- **Rent:** $489K
- **Utilities:** $122K
- **Jobs reported:** 206
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*