# PPP loan: SCALE LOGIC INC
> **$345K** approved 01/30/2021 · Paid in Full · Loan `9442728308`
## Borrower
- **Name:** SCALE LOGIC INC
- **Address:** 1401 American Blvd E Ste 4, Minneapolis, MN, 55425-1105
- **NAICS:** 518210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $339K (98%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $345K
- **Utilities:** $1
- **Jobs reported:** 19
## 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*