# PPP loan: IOWA TANKLINES, INC.
> **$583K** approved 04/29/2020 · Paid in Full · Loan `2176667301`
## Borrower
- **Name:** IOWA TANKLINES, INC.
- **Address:** 210 LINDEN ST, ANKENY, IA, 50023-2413
- **NAICS:** 424720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $583K
- **Initial approval:** $583K
- **Forgiven:** $588K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $437K
- **Rent:** $146K
- **Jobs reported:** 49
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*