# PPP loan: SEARS MANUFACTURING COMPANY
> **$6.91M** approved 05/20/2021 · Paid in Full · Loan `4357559010`
## Borrower
- **Name:** SEARS MANUFACTURING COMPANY
- **Address:** 1718 S Concord St, Davenport, IA, 52802-2901
- **NAICS:** 336360
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.91M
- **Initial approval:** $6.91M
- **Forgiven:** $6.96M (101%)
- **Forgiveness date:** 01/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $6.91M
- **Jobs reported:** 500
## Lender
- **Originating:** CBW Bank
- **Servicing:** CBW Bank (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*