# PPP loan: SRW PRODUCTS, INC
> **$633K** approved 04/28/2020 · Paid in Full · Loan `7530177205`
## Borrower
- **Name:** SRW PRODUCTS, INC
- **Address:** 32005 126th St., PRINCETON, MN, 55371-3332
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $633K
- **Initial approval:** $633K
- **Forgiven:** $637K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $474K
- **Utilities:** $158K
- **Jobs reported:** 53
## 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*