# PPP loan: ACAPULCO OF MINNESOTA, INC.
> **$206K** approved 04/08/2020 · Paid in Full · Loan `8318627010`
## Borrower
- **Name:** ACAPULCO OF MINNESOTA, INC.
- **Address:** 13753 Ibis St NW, ANDOVER, MN, 55304-7606
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Rent:** $13K
- **Mortgage interest:** $13K
- **Utilities:** $13K
- **Health care:** $13K
- **Jobs reported:** 55
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*