# PPP loan: EBERHART FARM CENTER, INC.
> **$261K** approved 04/11/2020 · Paid in Full · Loan `2725127100`
## Borrower
- **Name:** EBERHART FARM CENTER, INC.
- **Address:** 404 1st St NW, PRESTON, IA, 52069-9526
- **NAICS:** 444220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 45
## Lender
- **Originating:** The Clinton National Bank
- **Servicing:** The Clinton National Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*