# PPP loan: MINNESOTA VETERINARY ASSOCIATES, PA
> **$278K** approved 04/08/2020 · Paid in Full · Loan `8549907008`
## Borrower
- **Name:** MINNESOTA VETERINARY ASSOCIATES, PA
- **Address:** 222 COUNTY ROAD 173, MELROSE, MN, 56352-1602
- **NAICS:** 541940
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $20K
- **Utilities:** $36K
- **Jobs reported:** 29
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*