# PPP loan: RADIATION PRODUCTS DESIGN INC.
> **$196K** approved 04/14/2020 · Paid in Full · Loan `6866787101`
## Borrower
- **Name:** RADIATION PRODUCTS DESIGN INC.
- **Address:** 5218 BARTHEL INDUSTRIAL DR, ALBERTVILLE, MN, 55301-3993
- **NAICS:** 423450
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Mortgage interest:** $13K
- **Utilities:** $13K
- **Health care:** $13K
- **Jobs reported:** 23
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*