# PPP loan: SKEFFINGTON'S FORMAL WEAR OF IA INC.
> **$265K** approved 01/20/2021 · Paid in Full · Loan `2111568301`
## Borrower
- **Name:** SKEFFINGTON'S FORMAL WEAR OF IA INC.
- **Address:** 2453 SW 9th St, Des Moines, IA, 50315-1905
- **NAICS:** 532281
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $265K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*