# PPP loan: FARMERS GRAIN EXPRESS, INC.
> **$309K** approved 01/16/2021 · Paid in Full · Loan `1150438306`
## Borrower
- **Name:** FARMERS GRAIN EXPRESS, INC.
- **Address:** 3809 109th St, Urbandale, IA, 50322-2006
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $309K
- **Jobs reported:** 17
## Lender
- **Originating:** Earlham Savings Bank
- **Servicing:** Earlham Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*