# PPP loan: PARK AVENUE OF WAYZATA, INC.
> **$354K** approved 04/28/2020 · Paid in Full · Loan `8548557204`
## Borrower
- **Name:** PARK AVENUE OF WAYZATA, INC.
- **Address:** 15210 WAYZATA BLVD, WAYZATA, MN, 55391-1407
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $357K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Rent:** $32K
- **Jobs reported:** 51
## Lender
- **Originating:** Bridgewater Bank
- **Servicing:** Bridgewater Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*