# PPP loan: SEM INSURANCE BROKERS INC
> **$370K** approved 02/05/2021 · Paid in Full · Loan `3622418407`
## Borrower
- **Name:** SEM INSURANCE BROKERS INC
- **Address:** 2333 McKinley Ave, Des Moines, IA, 50321-2305
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $370K
- **Jobs reported:** 41
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*