# PPP loan: POWDER-SOLUTIONS GROUP, INC.
> **$1.05M** approved 04/08/2020 · Paid in Full · Loan `8453987005`
## Borrower
- **Name:** POWDER-SOLUTIONS GROUP, INC.
- **Address:** 1620 Lake Dr W, CHANHASSEN, MN, 55317-8583
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 59
## Lender
- **Originating:** Minnesota Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*