# PPP loan: EZ WAY INC
> **$651K** approved 04/27/2020 · Paid in Full · Loan `3513197200`
## Borrower
- **Name:** EZ WAY INC
- **Address:** 807 E MAIN ST, CLARINDA, IA, 51632-2342
- **NAICS:** 339113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $651K
- **Initial approval:** $651K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Rent:** $50K
- **Utilities:** $51K
- **Jobs reported:** 62
## 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*