# PPP loan: INSTITUTE OF PRODUCTION AND RECORDING INC.
> **$371K** approved 02/13/2021 · Paid in Full · Loan `8753218409`
## Borrower
- **Name:** INSTITUTE OF PRODUCTION AND RECORDING INC.
- **Address:** 300 1st Ave N Ste 100, Minneapolis, MN, 55401-1686
- **NAICS:** 611210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $371K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** First Western Bank & Trust
- **Servicing:** First Western Bank & Trust (ND)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*