# PPP loan: PUNT, INC
> **$585K** approved 04/09/2020 · Paid in Full · Loan `9415677010`
## Borrower
- **Name:** PUNT, INC
- **Address:** 1829 E Superior St, DULUTH, MN, 55812-2044
- **NAICS:** 623210
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $585K
- **Initial approval:** $585K
- **Forgiven:** $558K (95%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $468K
- **Rent:** $58K
- **Health care:** $58K
- **Jobs reported:** 108
## Lender
- **Originating:** Members Cooperative CU
- **Servicing:** Members Cooperative CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*