# PPP loan: COLLABRATIVE DESIGN GROUP INC
> **$252K** approved 04/07/2020 · Paid in Full · Loan `6679357008`
## Borrower
- **Name:** COLLABRATIVE DESIGN GROUP INC
- **Address:** 125 Main Street SE Ste 240, MINNEAPOLIS, MN, 55414
- **NAICS:** 541310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Rent:** $27K
- **Utilities:** $1K
- **Jobs reported:** 18
## Lender
- **Originating:** Drake Bank
- **Servicing:** Drake Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*