# PPP loan: MUNICIPAL SUPPLY, INC.
> **$572K** approved 04/16/2020 · Paid in Full · Loan `2845127203`
## Borrower
- **Name:** MUNICIPAL SUPPLY, INC.
- **Address:** 1550 NE 51ST AVE, DES MOINES, IA, 50313-2123
- **NAICS:** 423720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $572K
- **Jobs reported:** 54
## Lender
- **Originating:** Freedom Financial Bank
- **Servicing:** Freedom Financial Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*