# PPP loan: PEARSON WALL SYSTEMS INC.
> **$839K** approved 01/17/2021 · Paid in Full · Loan `1479258306`
## Borrower
- **Name:** PEARSON WALL SYSTEMS INC.
- **Address:** 5205 18th Ave SW, Cedar Rapids, IA, 52404-1200
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $839K
- **Initial approval:** $839K
- **Forgiven:** $843K (100%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $839K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Ohnward Bank & Trust
- **Servicing:** Ohnward Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*