# PPP loan: REAL COOL SYNCHRONY, INC.
> **$716K** approved 04/15/2020 · Paid in Full · Loan `9438747108`
## Borrower
- **Name:** REAL COOL SYNCHRONY, INC.
- **Address:** 12925 Prosperity, BECKER, MN, 55308
- **NAICS:** 541870
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $723K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $537K
- **Rent:** $45K
- **Mortgage interest:** $45K
- **Utilities:** $45K
- **Debt interest:** $45K
- **Jobs reported:** 58
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*