# PPP loan: NOW MICRO, INC.
> **$832K** approved 04/15/2020 · Paid in Full · Loan `8674857103`
## Borrower
- **Name:** NOW MICRO, INC.
- **Address:** 1645 ENERGY PARK DR STE 100, SAINT PAUL, MN, 55108-2733
- **NAICS:** 423430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $832K
- **Initial approval:** $832K
- **Forgiven:** $836K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $624K
- **Rent:** $104K
- **Utilities:** $104K
- **Jobs reported:** 46
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*