# PPP loan: AUSTIN PALLETS, INC.
> **$229K** approved 04/08/2020 · Paid in Full · Loan `8844197001`
## Borrower
- **Name:** AUSTIN PALLETS, INC.
- **Address:** 805  11TH ST NE, AUSTIN, MN, 55912-1945
- **NAICS:** 321920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $247K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 27
## Lender
- **Originating:** Sterling State Bank
- **Servicing:** Sterling State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*