# PPP loan: KALONA BREWING COMPANY
> **$241K** approved 02/04/2021 · Paid in Full · Loan `3109048402`
## Borrower
- **Name:** KALONA BREWING COMPANY
- **Address:** 405 B Ave, Kalona, IA, 52247-7719
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*