# PPP loan: STYLES & COTTON, PA
> **$196K** approved 04/08/2020 · Paid in Full · Loan `8565177003`
## Borrower
- **Name:** STYLES & COTTON, PA
- **Address:** 1514 E MINNESOTA ST, SAINT JOSEPH, MN, 56374-8618
- **NAICS:** 621210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Rent:** $10K
- **Utilities:** $5K
- **Jobs reported:** 12
## 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*