# PPP loan: SATHRE-BERGQUIST, INC.
> **$350K** approved 04/07/2020 · Paid in Full · Loan `7411547010`
## Borrower
- **Name:** SATHRE-BERGQUIST, INC.
- **Address:** 150 BROADWAY AVE, WAYZATA, MN, 55391-2186
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $70K
- **Utilities:** $18K
- **Jobs reported:** 29
## 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*