# PPP loan: STONE ARCH COMMODITIES LLC
> **$223K** approved 04/09/2020 · Paid in Full · Loan `9865997009`
## Borrower
- **Name:** STONE ARCH COMMODITIES LLC
- **Address:** 708 N 1ST ST PO BOX 243, MINNEAPOLIS, MN, 55401-1107
- **NAICS:** 523130
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Mortgage interest:** $10K
- **Utilities:** $34K
- **Jobs reported:** 18
## Lender
- **Originating:** ProGrowth Bank
- **Servicing:** ProGrowth Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*