# PPP loan: PADCO INC
> **$158K** approved 06/04/2020 · Paid in Full · Loan `7791947808`
## Borrower
- **Name:** PADCO INC
- **Address:** 3501 BROADWAY ST NE STE 1, MINNEAPOLIS, MN, 55413-1710
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $147K
- **Forgiven:** $149K (94%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*