# PPP loan: PAYROLL PROFESSIONALS, INC.
> **$194K** approved 04/08/2020 · Paid in Full · Loan `7853377004`
## Borrower
- **Name:** PAYROLL PROFESSIONALS, INC.
- **Address:** 1101 1st Ave N Ste A, FARGO, ND, 58102-3729
- **NAICS:** 541214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $39K
- **Jobs reported:** 12
## Lender
- **Originating:** Bank Forward
- **Servicing:** Bank Forward (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*