# PPP loan: ROWE'S SERVICES, LTD.
> **$175K** approved 04/03/2020 · Paid in Full · Loan `4361957001`
## Borrower
- **Name:** ROWE'S SERVICES, LTD.
- **Address:** 31953 150th St., LE MARS, IA, 51031-8679
- **NAICS:** 238290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Mortgage interest:** $5K
- **Utilities:** $10K
- **Jobs reported:** 18
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*