# PPP loan: FARMERS FEED AND GRAIN COMPANY, INC.
> **$737K** approved 01/17/2021 · Paid in Full · Loan `1540188309`
## Borrower
- **Name:** FARMERS FEED AND GRAIN COMPANY, INC.
- **Address:** 306 Birch St, Riceville, IA, 50466-7609
- **NAICS:** 424510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $737K
- **Forgiven:** $741K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $737K
- **Utilities:** $1
- **Jobs reported:** 73
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*