# PPP loan: METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION
> **$610K** approved 04/08/2020 · Paid in Full · Loan `7807517008`
## Borrower
- **Name:** METROPOLITAN ECONOMIC DEVELOPMENT ASSOCIATION
- **Address:** 1256 PENN AVE N STE 4800, MINNEAPOLIS, MN, 55411-2617
- **NAICS:** 611430
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $610K
- **Initial approval:** $610K
- **Forgiven:** $616K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $610K
- **Jobs reported:** 27
## Lender
- **Originating:** Sunrise Banks National Association
- **Servicing:** Sunrise Banks National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*