# PPP loan: STATES MANUFACTURING CORPORATION
> **$883K** approved 04/07/2020 · Paid in Full · Loan `6963767010`
## Borrower
- **Name:** STATES MANUFACTURING CORPORATION
- **Address:** 650 Ottawa Avenue North, MINNEAPOLIS, MN, 55422-4812
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $883K
- **Initial approval:** $883K
- **Forgiven:** $890K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $662K
- **Health care:** $221K
- **Jobs reported:** 51
## 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*