# PPP loan: SUPPORT COLLECTIONS INC
> **$209K** approved 04/07/2020 · Paid in Full · Loan `6718937009`
## Borrower
- **Name:** SUPPORT COLLECTIONS INC
- **Address:** 12201 CHAMPLIN DR, CHAMPLIN, MN, 55316-1930
- **NAICS:** 561440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Rent:** $42K
- **Utilities:** $10K
- **Jobs reported:** 30
## Lender
- **Originating:** First Bank Elk River
- **Servicing:** First Bank Elk River (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*