# PPP loan: IOWA CITY READY MIX INC.
> **$280K** approved 02/05/2021 · Paid in Full · Loan `3876168404`
## Borrower
- **Name:** IOWA CITY READY MIX INC.
- **Address:** 1854 S Riverside Dr, Iowa City, IA, 52246-5700
- **NAICS:** 327320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $281K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Hills Bank and Trust Company
- **Servicing:** Hills Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*