# PPP loan: PROMOTION MANAGEMENT CENTER, INC.
> **$411K** approved 04/28/2020 · Paid in Full · Loan `8366077201`
## Borrower
- **Name:** PROMOTION MANAGEMENT CENTER, INC.
- **Address:** 31235 Falcon Avenue, STACY, MN, 55079-0245
- **NAICS:** 541860
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $417K (102%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Rent:** $50K
- **Utilities:** $32K
- **Jobs reported:** 34
## Lender
- **Originating:** First State Bank of Wyoming
- **Servicing:** First State Bank of Wyoming (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*