# PPP loan: TPAC UNDERWRITERS INC
> **$383K** approved 04/07/2020 · Paid in Full · Loan `7458257003`
## Borrower
- **Name:** TPAC UNDERWRITERS INC
- **Address:** 3810 PHEASANT RIDGE DR, MINNEAPOLIS, MN, 55449-5850
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $287K
- **Rent:** $77K
- **Utilities:** $19K
- **Jobs reported:** 20
## 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*