# PPP loan: ALGONA FAMILY YMCA
> **$150K** approved 01/17/2021 · Paid in Full · Loan `1412128308`
## Borrower
- **Name:** ALGONA FAMILY YMCA
- **Address:** 2101 E McGregor St, Algona, IA, 50511-3000
- **NAICS:** 713940
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Iowa State Bank
- **Servicing:** Iowa State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*