# PPP loan: FIRST MAINSTREET INSURANCE, LC
> **$617K** approved 04/11/2020 · Paid in Full · Loan `3272347108`
## Borrower
- **Name:** FIRST MAINSTREET INSURANCE, LC
- **Address:** 500 1st Street SE, CEDAR RAPIDS, IA, 52401-1314
- **NAICS:** 524210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $462K
- **Rent:** $39K
- **Mortgage interest:** $39K
- **Utilities:** $39K
- **Health care:** $39K
- **Jobs reported:** 61
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*